Industrial Flex Warehouse with Fenced
415 S Kansas Ave Olathe, KS 66061
For Sale
Contact for pricing
Includes 1,650 SF office, 14' clear warehouse, and city-approved outside fenced storage.
Property Size7,000 SF
Lot Size0.40 Acres
Price / SF$140.71
Days on Market194
Property Features for 415 S Kansas Ave
General Information
Standard status
Active
Size
7,000 SF
Lot size
0.40 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Haith and Company, Inc.
(913) 888-3456
Listed By:
Jake LaFevers · License #2011012354
(816) 642-7287
Source:
Moodyscre
Added: Jan 16
Changed: Jul 26
Last Checked: Jul 28 at 2:48PM
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 Haith and Company, Inc.
Investment Insights
Based on property information with market context.
This industrial flex warehouse totals 7,000 SF, including 1,650 SF of office area. The warehouse is set up with 14' clear height, newly installed LED lighting, and a new warehouse heater. Loading includes (2) dock/drive-in doors measuring 14' tall x 12' wide and (1) dock/drive-in door measuring 10' tall x 12' wide. Interior improvements include 3 bathrooms, and the warehouse area has stubbed-in plumbing lines for an additional bathroom. The property also features a new roof installed in 2023 with partial siding.
City-approved outside fenced storage measures 130 ft x 65 ft. Power service is 3-phase with 200 amps. Zoning is M-2. The land area is 17,424 SF (0.40 acres).
The offering is presented with a minimum 2-year lease requirement. The property is located at 415 S Kansas Ave, Olathe, KS 66061.
City-approved outside fenced storage measures 130 ft x 65 ft. Power service is 3-phase with 200 amps. Zoning is M-2. The land area is 17,424 SF (0.40 acres).
The offering is presented with a minimum 2-year lease requirement. The property is located at 415 S Kansas Ave, Olathe, KS 66061.
Key Highlights
- 7,000 SF total with 1,650 SF office and warehouse space
- 14' clear height warehouse plus new LED lighting
- City‑approved outside fenced storage: 130 ft x 65 ft on 0.40 acres (17,424 SF land)
Financial Insights For Flex RnD
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 | $117.6k | $16.80 |
| − Vacancy | −$7.1k | −$1.01 |
| EGI | $110.5k | $15.79 |
| − OpEx | −$38.7k | −$5.53 |
| NOI | $71.9k | $10.26 |
7,000 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.03M
$898.2K – $1.20M
NOI $71,854 @ 7.0% cap · market cap 7.29%
Second Best
Warehouse
$775.2K
$678.3K – $904.4K
NOI $54,264 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,816 @ 7.0% cap · market cap 14.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Casual Foodie Truck — 1062 W Santa Fe St dr, Olathe, KS 66061
Frequently Asked Questions
What type of property is this?
Flex space - Includes 1,650 SF office, 14' clear warehouse, and city-approved outside fenced storage.
Where is this flex space located?
The property is located at 415 S Kansas Ave Olathe, KS.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 7,000 SF total with 1,650 SF office and warehouse space; 14' clear height warehouse plus new LED lighting; City‑approved outside fenced storage: 130 ft x 65 ft on 0.40 acres (17,424 SF land)
