Industrial Warehouse with Outdoor
841 Cheyenne Ave, Kansas City, KS 66105
For Sale
New
Contact for pricing
A fenced exterior area complements the building’s drive-in access and paint booth.
Property Size5,620 SF
Lot Size0.42 Acres
Price / SF$96.98
Days on Market7
Property Features for 841 Cheyenne Ave
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Clear Height
Drive-In Doors
Voltage
Three-Phase Power
Additional Details
Asking Price
Property Use
Building Details
Buildings
Building Size
Listing Agency:
CBRE - Kansas City
Listed By:
Ben Whetstone · License MO #00247020
(816) 756-3535
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 4:29PM
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
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Investment Insights
Based on property information with market context.
This industrial warehouse contains approximately 5,620 square feet on an approximately 18,425-square-foot lot. Six drive-in doors support direct vehicle access, while 14-foot clear height accommodates a range of warehouse operations. A paint booth is also available, and the building has 208/120V, three-phase power. Fenced outdoor storage adds an exterior component to the property.
The property is located at 841 Cheyenne Ave. in Kansas City, Kansas.
The property is located at 841 Cheyenne Ave. in Kansas City, Kansas.
Key Highlights
- Approximately 5,620 SF industrial building on an approximately 18,425 SF lot
- Six drive‑in doors and 14' clear height
- Fenced outdoor storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,628
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,560
$812.6K
Cap Rate 7%
$580,400
$580.4K
Cap Rate 9%
$451,422
$451.4K
Market Conditions
NOI Build-Up for 5,620 SF
Gross rent
$50.6K $9.00/SF
− Vacancy
−$2.8K −$0.50/SF
EGI
$47.8K $8.50/SF
− OpEx
−$7.2K −$1.28/SF
NOI
$40.6K $7.23/SF
Area
Kansas City, KS
Vacancy
5.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,560
Cap Rate 7%
$580,400
Cap Rate 9%
$451,422
Alternative Uses
Best Use
Warehouse
$580.4K
$507.9K – $677.1K
NOI $40,628 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$931.1K
$814.7K – $1.09M
NOI $65,175 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
14 ft
Clear height
6
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 66105, KS
2,870
Population
1,155
Households
2.5
Avg Household Size
32
Median Age
14%
College-Educated
58%
High-School Grad
3.0 sq mi
ZIP Area
957
Density / Sq Mi
$32,188
Median Household Income
$23,853
Median Earnings
$905
Median Rent
$62,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Warehouses in Kansas City
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- NORAG KANSAS CITY KS — 501 S Coy St, Kansas City, KS 66105
- Pro Container LLC — 440 S Valley St, Kansas City, KS 66105
Frequently Asked Questions
What type of property is this?
Warehouse - A fenced exterior area complements the building’s drive-in access and paint booth.
Where is this warehouse located?
The property is located at 841 Cheyenne Ave Kansas City, KS.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Approximately 5,620 SF industrial building on an approximately 18,425 SF lot; Six drive‑in doors and 14' clear height; Fenced outdoor storage area
