Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    5370 W 95th St Prairie Village, KS

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Up to 2,896 SF available in renovated office building.

    Type:OFFICE
    Property size:
    2,896 SF
    Lot size:
    1.26 Acres
    Added:
    Dec 5, 2023
    Days on Market:
    880
    Last Refresh:
    Apr 5 at 9:54 pm

    Property Features for 5370 W 95th St

    General Information

    Standard status
    Active
    Size
    2,896 SF
    Lot size
    1.26 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 5370 W 95th St Contact us

    We can help!

    Listing Contact
    Chuck Connealy
    Chuck Connealy

    Listing agent Chuck Connealy

    Listing office Waterford Property Company LLC

    Listing date Dec 5, 2023

    Source Moodyscre

    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 Waterford Property Company LLC

    Overview

    Renovated Office Space Available

    This is a 49,000 square foot three-story office building that is part of a complete mixed-use redevelopment. The property features a new roof, windows, parking, and common areas. Up to 2,896 rentable square feet of space is available. The building includes walk-out balconies and a furnished courtyard with canopy lighting. Highly visible signage opportunities are available. The property is adjacent to the 150+ acre Meadowbrook Park Redevelopment and is walkable to retail, restaurant amenities, and the Meadowbrook Inn.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Prairie Village
    County
    Johnson
    State
    Kansas
    Longitude
    -94.629
    Latitude
    38.996

    Nearby Similar for Lease

    • $25 SF/Yr

      Boutique Office Suites Available

      Office suites for lease in Prairie Village, up to 989 RSF.
      3520 W 75th St, Prairie Village, KS
      View Details
    • $2,448/Mo

      Office Space in Prairie Village

      Office space for lease in Prairie Village, Kansas.
      8340 Mission Rd, Prairie Village, KS
      View Details
    • Contact for pricing

      Medical Office Space Available

      Flexible medical office suites for lease in Prairie Village.
      7301 Mission Rd, Prairie Village, KS
      View Details
    • $26 SF/Yr

      Renovated Office Space Available

      Flexible office space near Corinth retail and restaurants.
      4121 W 83rd St, Prairie Village, KS
      View Details
    • $26 SF/Yr

      Renovated Office Space Available

      Office spaces for lease with flexible terms and nearby amenities.
      4200 Somerset Dr, Prairie Village, KS
      View Details
    • $20 SF/Yr

      Renovated Office Space on State Line

      Modern, renovated office space with ample parking and high visibility.
      7830 State Line Rd, Prairie Village, KS
      View Details
    • $19 SF/Yr

      Move-in Ready Office Space

      First floor office space in well-maintained building.
      5100 W 95th St, Prairie Village, KS
      View Details
    • $18 SF/Yr

      Prairie Village Office Loft Space

      2,863 SF office space in the heart of Prairie Village.
      5225 W 75th St, Prairie Village, KS
      View Details
    • Contact for pricing

      Prairie Village Office Space Available

      Office space available for rent in Prairie Village, Kansas.
      5100 W 95th St, Prairie Village, KS 66207
      View Details
    • Contact for pricing

      Prairie Village Office Space Available

      Office space for lease in Prairie Village, Kansas.
      5225 W 75th St, Prairie Village, KS 66208
      View Details

    FAQs

    What type of property is this?
    Office building - Up to 2,896 SF available in renovated office building.
    Where is this office building located?
    The property is located at 5370 W 95th St Prairie Village, KS.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: Complete mixed‑use redevelopment with all new roof, windows, parking, and common areas.; Up to 2,896 rentable square feet available in a 49,000 square foot three‑story office building.; Adjacent to 150+ acre Meadowbrook Park Redevelopment.
    (913) 789-9020 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Chuck Connealy
    Chuck Connealy
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    5370 W 95th St, Prairie Village, KS

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!