Industrial Building For
5439 Merriam Drive Shawnee, KS 66203
For Sale
$1,600,000
15037 square foot industrial building available for purchase.
Property Size15,037 SF
Price / SF$106.40
Days on Market123
Property Features for 5439 Merriam Drive
General Information
- Standard status
- Active
- Size
- 15,037 SF
- Property subtype
- Industrial
Listing Agency:
CBRE | Kansas City
(816) 756-3535
Listed By:
Ben Whetstone · License #00231917
(816) 756-3535
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 25 at 3:39AM
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 CBRE | Kansas City
Investment Insights
Based on property information with market context.
A 15037 square foot industrial building is available for sale in Merriam, Kansas.
Key Highlights
- Building for sale
- Located in Merriam, KS
- 15037 Building
Financial Insights For Industrial
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 | $86.0k | $5.72 |
| − Vacancy | −$5.2k | −$0.35 |
| EGI | $80.8k | $5.37 |
| − OpEx | −$24.2k | −$1.61 |
| NOI | $56.5k | $3.76 |
15,037 SF · lease $5.72/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$807.6K
$706.7K – $942.3K
NOI $56,535 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.64M
$3.18M – $4.25M
NOI $254,747 @ 7.0% cap · market cap 15.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
FAQs
What type of property is this?
Industrial property - 15037 square foot industrial building available for purchase.
Where is this industrial property located?
The property is located at 5439 Merriam Drive Shawnee, KS.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Building for sale; Located in Merriam, KS; 15037 Building
