Heavy-Industrial Warehouse with
For Sale
Contact for pricing
19919 W Shawnee Mission Parkway, Shawnee, KS
Heavy-industrial warehouse offering substantial office space, multiple loading options, and access to several regional highways.
Property Size98,424 SF
Lot Size13.89 Acres
Price / SF$73.66
Days on Market93
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Property Features for 19919 W Shawnee Mission Parkway
General Information
Standard status
Active
Size
98,424 SF
Class
B
Total Parking Spaces
35
Lot size
13.89 Acres
Property subtype
Industrial
Zoning
Heavy Industrial
Warehouse & Industrial
Clear Height
25 ft
Office Build-Out
5,000 SF
Dock-High Doors
8
Drive-In Doors
2
Power
2,400 amps
Voltage
480 V
Heavy Power
Yes
Additional Details
Asking Price
$7,250,000
Highway Access
Yes
Building Details
Year Built
1974
Buildings
1
Building Size
98,424 SF
Listing Agency:
Newmark
Listed By:
Seamus McLaughlin · License #MO 00241515
(816) 268-4223
Source:
Crexi
Added: Jul 15
Changed: Oct 10
Last Checked: Oct 14 at 10:40PM
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 Newmark
Investment Insights
Based on property information with market context.
Built in 1974, the warehouse contains 98,424 square feet, including 5,000 square feet of office space. The 13.89-acre site supports a substantial industrial operation, with eight dock-high doors and two ramped drive-in doors. Clear heights range from 20 feet to 25 feet, and LED fixtures serve the building throughout.
The facility is positioned in Shawnee, Kansas, with access to I-435, I-70, K-7, and K-10. Heavy Industrial zoning and 2,400-amp, 480-volt electrical service support industrial and distribution functions requiring significant power capacity.
The facility is positioned in Shawnee, Kansas, with access to I-435, I-70, K-7, and K-10. Heavy Industrial zoning and 2,400-amp, 480-volt electrical service support industrial and distribution functions requiring significant power capacity.
Key Highlights
- 98,424‑square‑foot warehouse on a 13.89‑acre site
- 5,000 square feet of office space within the building
- 2,400 amps and 480 v electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$447,911
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,958,220
$9.0M
Cap Rate 7%
$6,398,729
$6.4M
Cap Rate 9%
$4,976,789
$5.0M
Market Conditions
NOI Build-Up for 98,424 SF
Gross rent
$563.0K $5.72/SF
− Vacancy
−$36.0K −$0.37/SF
EGI
$527.0K $5.35/SF
− OpEx
−$79.0K −$0.80/SF
NOI
$447.9K $4.55/SF
Area
Johnson County, KS
Vacancy
6.40%
Lease Rate
$5.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,958,220
Cap Rate 7%
$6,398,729
Cap Rate 9%
$4,976,789
Alternative Uses
Best Use
Warehouse
$6.40M
$5.60M – $7.47M
NOI $447,911 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$5.29M
$4.63M – $6.17M
NOI $370,050 @ 7.0% cap · market cap 5.10%
Theoretical Best
Office A
$23.82M
$20.84M – $27.79M
NOI $1,667,432 @ 7.0% cap · market cap 23.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
25 ft
Clear height
8
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- iStorage — 11015 W 62nd St, Shawnee, KS 66203
Frequently Asked Questions
What type of property is this?
Warehouse - Heavy-industrial warehouse offering substantial office space, multiple loading options, and access to several regional highways.
Where is this warehouse located?
The property is located at 19919 W Shawnee Mission Parkway Shawnee, KS.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 98,424‑square‑foot warehouse on a 13.89‑acre site; 5,000 square feet of office space within the building; 2,400 amps and 480 v electrical service
