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Multi-Tenant Flex Building
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310 N Winchester St, Olathe, KS 66062

Three suites combine office, showroom, warehouse, dock-high loading, and drive-in access within an M2-zoned property.

Property Size7,500 SF
Price / SF$146.67
Days on Market179

Property Features for 310 N Winchester St

General Information

Standard status Active
Size 7,500 SF
Class B
Property subtype Industrial
Zoning M2
Lease Type Gross
Investment Type Owner/User

Additional Details

Office Units 3

Amenities

drive-in doors
dock high loading

Building Details

Year Built 1984
Buildings 1
Stories 1
Units 3
Tenancy Multi
Listing Agency: Insight Commercial
Listed By: Kevin Combs · License #KS 00223303
Source: Crexi
Added: Apr 21 Changed: Oct 4 Last Checked: Oct 16 at 9:29AM

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 Insight Commercial

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Investment Insights

Based on property information with market context.

Built in 1984, this 7,500-square-foot flex property at 310 N Winchester St in Olathe, Kansas, contains three separate suites within an M2-zoned building. The configuration combines office, showroom, and warehouse areas for multiple occupancy arrangements.

Suite A totals 2,500 square feet, with approximately 40% finished office/showroom space, 60% warehouse area, and one 12x12 drive-in door. Suite B contains approximately 1,800 square feet, is primarily warehouse space, includes two offices, and has one 12x12 drive-in door; it is available as soon as May 1, 2026. Suite C measures approximately 3,200 square feet, with more than half devoted to office space, remaining warehouse area, dock-high loading, and one 12x12 drive-in door. Suite C is leased through May 2029.

Key Highlights

  • 7,500‑square‑foot flex building constructed in 1984
  • Three‑suite configuration with office, showroom, and warehouse areas
  • M2 zoning at 310 N Winchester St, Olathe, KS 66062

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,986
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,720 $1.5M
Cap Rate 7%
$1,099,800 $1.1M
Cap Rate 9%
$855,400 $855.4K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$126.0K $16.80/SF
− Vacancy
−$7.6K −$1.01/SF
EGI
$118.4K $15.79/SF
− OpEx
−$41.5K −$5.53/SF
NOI
$77.0K $10.26/SF
Area
Olathe, KS
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,720
Cap Rate 7%
$1,099,800
Cap Rate 9%
$855,400

Alternative Uses

Best Use
Office B
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,275 @ 7.0% cap · market cap 9.39%
Second Best
Flex RnD
$1.10M
$962.3K – $1.28M (±1% cap)
NOI $76,986 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M (±1% cap)
NOI $155,160 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

DW Elite Decks Construction Company Phoenix Fire Systems, ... Building Supply Infinity Roofing Roofing Company

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Pharmacy Garden Center Restaurant Furniture & Home Goods

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

Lease Details

3
Office units

Location Intelligence

Trade Area within ½ mile

1,473
Businesses Nearby
Under-served
Demand for This Use

Demographics for 66062, KS

77,553
Population
29,350
Households
2.6
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
42.1 sq mi
ZIP Area
1,842
Density / Sq Mi
$116,248
Median Household Income
$55,718
Median Earnings
$1,349
Median Rent
$342,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Two Guys and a Grill — 109 N Chester St, Olathe, KS 66061

Frequently Asked Questions

What type of property is this?
Flex space - Three suites combine office, showroom, warehouse, dock-high loading, and drive-in access within an M2-zoned property.
Where is this flex space located?
The property is located at 310 N Winchester St Olathe, KS.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 7,500‑square‑foot flex building constructed in 1984; Three‑suite configuration with office, showroom, and warehouse areas; M2 zoning at 310 N Winchester St, Olathe, KS 66062
(913) 568-1134 Call to check price and availability
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