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Secured Warehouse with Fenced Lot
For Sale
$2,600,000

19 Elmwood Avenue, Kansas City, KS 66103

Warehouse with fenced lot, 2,500 SF office, and dock doors.

Property Size31,700 SF
Price / SF$82.02
Days on Market131

Property Features for 19 Elmwood Avenue

General Information

Standard status Active
Size 31,700 SF
Property subtype Industrial
Listing Agency:
Listed By: Ben Whetstone
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 2 at 4:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Whetstone

Investment Insights

Based on property information with market context.

This commercial property features a fully fenced and paved secured lot. The warehouse component includes 2,500 square feet of office space. The structure has a clear height of 23 feet and is equipped with 3 dock doors and 1 drive-in door. The property is suitable for warehouse and industrial use.

Key Highlights

  • Fully fenced, paved, and secured lot
  • Benefit from the 23' clear height
  • Features 3 dock doors

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $285.3k $9.00
− Vacancy −$15.7k −$0.50
EGI $269.6k $8.50
− OpEx −$40.4k −$1.28
NOI $229.2k $7.23
31,700 SF · lease $9.00/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$3.27M
$2.86M – $3.82M (±1% cap)
NOI $229,167 @ 7.0% cap · market cap 8.81%
Second Best
Industrial
$2.70M
$2.36M – $3.15M (±1% cap)
NOI $188,726 @ 7.0% cap · market cap 7.26%
Theoretical Best
Office A
$5.25M
$4.60M – $6.13M (±1% cap)
NOI $367,625 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Planet Aid - Kansas ... Corporate Office Total Tool Supply ... Factory

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Nail Salon Food Market Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

181
Businesses Nearby
Under-served
Demand for This Use

Demographics for 66103, KS

12,741
Population
6,971
Households
1.8
Avg Household Size
33
Median Age
32%
College-Educated
88%
High-School Grad
4.7 sq mi
ZIP Area
2,711
Density / Sq Mi
$49,403
Median Household Income
$39,673
Median Earnings
$1,166
Median Rent
$119,400
Median Home Value

Market

Properties on Market for Warehouses in Kansas City

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse with fenced lot, 2,500 SF office, and dock doors.
Where is this warehouse located?
The property is located at 19 Elmwood Avenue Kansas City, KS.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Fully fenced, paved, and secured lot; Benefit from the 23' clear height; Features 3 dock doors
More about this property
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