Flex Space with Dock
For Sale
Contact for pricing
3001 N SEVENTH TRFY, Kansas City, KS 66115
M-3-zoned flex property with dedicated office space, dock-high loading, and drive-in access.
Property Size5,121 SF
Price / SF$92.76
Days on Market9
Property Features for 3001 N SEVENTH TRFY
General Information
Standard status
Active
Size
5,121 SF
Property subtype
Industrial
Zoning
M-3
Investment Type
Owner/User
Warehouse & Industrial
Clear Height
14 ft
Office Build-Out
2,000 SF
Dock-High Doors
1
Drive-In Doors
2
Building Details
Year Built
1966
Buildings
1
Stories
1
Units
1
Building Size
5,121 SF
Listing Agency:
Lee & Associates - Kansas City
(816) 500-4684
Listed By:
Josh Koch · License #MO 00239919
Source:
Crexi
Added: Aug 24
Changed: Aug 31
Last Checked: Aug 31 at 8:54AM
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 Lee & Associates - Kansas City
Investment Insights
Based on property information with market context.
Located at 3001 N SEVENTH TRFY in Kansas City, Kansas, this 1966 flex property contains 5,121 square feet, including approximately 2,000 square feet of office area. The building offers a 14-foot clear height for operational flexibility and includes two drive-in doors measuring 10 feet by 12 feet, along with one 10-foot by 12-foot dock-high door. M-3 zoning supports its industrial-oriented positioning and complements the building’s loading configuration.
Key Highlights
- 5,121 +/- SF flex building
- Approximately 2,000 +/- SF of office space
- 14' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,148
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$742,960
$743.0K
Cap Rate 7%
$530,686
$530.7K
Cap Rate 9%
$412,756
$412.8K
Market Conditions
NOI Build-Up for 5,121 SF
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.
Gross rent
$61.5K $12.00/SF
− Vacancy
−$4.3K −$0.84/SF
EGI
$57.2K $11.16/SF
− OpEx
−$20.0K −$3.91/SF
NOI
$37.1K $7.25/SF
Area
Kansas City, KS
Vacancy
7.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$742,960
Cap Rate 7%
$530,686
Cap Rate 9%
$412,756
Alternative Uses
Best Use
Flex RnD
$530.7K
$464.4K – $619.1K
NOI $37,148 @ 7.0% cap · market cap 7.82%
Second Best
Warehouse
$528.9K
$462.8K – $617.0K
NOI $37,021 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$848.4K
$742.4K – $989.8K
NOI $59,388 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Flame Throwers Catering / PAK A SAK Catering & Fundraising — 440 Stanley Rd, Kansas City, KS 66115
Frequently Asked Questions
What type of property is this?
Flex space - M-3-zoned flex property with dedicated office space, dock-high loading, and drive-in access.
Where is this flex space located?
The property is located at 3001 N SEVENTH TRFY Kansas City, KS.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 5,121 +/- SF flex building; Approximately 2,000 +/- SF of office space; 14' clear height
