Air-Conditioned Flex R&D
801 NW Commerce Dr Lees Summit, MO 64086
For Sale
Contact for pricing
Flex/R&D building with heavy power, full air conditioning, and sprinklers on approximately 1.25 acres.
Property Size17,993 SF
Lot Size1.25 Acres
Price / SF$100.04
Days on Market45
Property Features for 801 NW Commerce Dr
General Information
Standard status
Active
Size
17,993 SF
Lot size
1.25 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Heartland | Kansas City
(913) 362-1000
Listed By:
Seth Sinovic · License #00243549
(913) 219-2518
Source:
Moodyscre
Added: Jun 15
Changed: Jul 26
Last Checked: Jul 29 at 3:04PM
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 NAI Heartland | Kansas City
Investment Insights
Based on property information with market context.
This flex-style industrial facility offers approximately 17,993 SF built in 1991 and renovated in 2007. The space is described as high-tech/R&D with fully air-conditioned interior areas, plus heavy power to support more demanding electrical needs. The building is also sprinklered.
The property includes approximately 1.25 acres and is identified with CP2 zoning in the provided information.
If you’re evaluating a site for R&D and related industrial uses, this facility’s combination of full air conditioning, heavy power, and sprinkler protection is a practical starting point for fit and planning.
The property includes approximately 1.25 acres and is identified with CP2 zoning in the provided information.
If you’re evaluating a site for R&D and related industrial uses, this facility’s combination of full air conditioning, heavy power, and sprinkler protection is a practical starting point for fit and planning.
Key Highlights
- ±17,993 SF flex/R&D building
- Built in 1991; renovated in 2007
- High tech/R&D space with heavy power
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 | $237.5k | $13.20 |
| − Vacancy | −$11.9k | −$0.66 |
| EGI | $225.6k | $12.54 |
| − OpEx | −$67.7k | −$3.76 |
| NOI | $157.9k | $8.78 |
17,993 SF · lease $13.20/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$2.97M
$2.60M – $3.46M
NOI $207,711 @ 7.0% cap · market cap 11.54%
Second Best
Industrial
$2.26M
$1.97M – $2.63M
NOI $157,943 @ 7.0% cap · market cap 8.77%
Theoretical Best
Specialty Retail
$4.57M
$4.00M – $5.33M
NOI $319,664 @ 7.0% cap · market cap 17.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - Flex/R&D building with heavy power, full air conditioning, and sprinklers on approximately 1.25 acres.
Where is this manufacturing property located?
The property is located at 801 NW Commerce Dr Lees Summit, MO.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: ±17,993 SF flex/R&D building; Built in 1991; renovated in 2007; High tech/R&D space with heavy power
