Industrial Flex Space with
For Sale
Contact for pricing
8576 Green Hills Rd, Kansas City, MO 64154
Single-story commercial layout combines front office space with a substantial warehouse area and multiple entry points.
Property Size7,200 SF
Price / SF$242.92
Days on Market305
Property Features for 8576 Green Hills Rd
General Information
Standard status
Active
Size
7,200 SF
Property subtype
INDUSTRIAL
Listing Agency:
Windfield Real Estate
(816) 612-5191
Listed By:
Andrew Danner · License ##2004020991
(816) 612-5191
Source:
Moodyscre
Added: Oct 30, 2025
Changed: Aug 29
Last Checked: Aug 29 at 7:13PM
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 Windfield Real Estate
Investment Insights
Based on property information with market context.
This 7,200-square-foot flex property offers a single-level configuration with an open office area at the front and a large warehouse component. The layout provides open workspace that can support administrative, production, storage, distribution, or service functions. Four garage doors provide loading access, complemented by a side garage door and separate front and side entry doors.
Building systems include geothermal HVAC for year-round climate control and radiant floor heating throughout. The property was previously occupied by a heating and cooling firm and is zoned and configured for a range of commercial operations, including HVAC, electrical, plumbing, construction, distribution, and service-based businesses.
Building systems include geothermal HVAC for year-round climate control and radiant floor heating throughout. The property was previously occupied by a heating and cooling firm and is zoned and configured for a range of commercial operations, including HVAC, electrical, plumbing, construction, distribution, and service-based businesses.
Key Highlights
- 7,200 SF industrial flex space
- Four garage doors plus a side garage door
- Front open office area with large warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,603
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,152,060
$1.2M
Cap Rate 7%
$822,900
$822.9K
Cap Rate 9%
$640,033
$640.0K
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$71.7K $9.96/SF
− Vacancy
−$3.9K −$0.55/SF
EGI
$67.8K $9.41/SF
− OpEx
−$10.2K −$1.41/SF
NOI
$57.6K $8.00/SF
Area
Kansas City, MO
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,152,060
Cap Rate 7%
$822,900
Cap Rate 9%
$640,033
Alternative Uses
Best Use
Warehouse
$822.9K
$720.0K – $960.1K
NOI $57,603 @ 7.0% cap · market cap 3.29%
Second Best
Flex RnD
$805.8K
$705.1K – $940.1K
NOI $56,407 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $120,048 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64154, MO
12,986
Population
6,343
Households
2
Avg Household Size
37
Median Age
50%
College-Educated
97%
High-School Grad
12.9 sq mi
ZIP Area
1,007
Density / Sq Mi
$92,686
Median Household Income
$51,870
Median Earnings
$1,384
Median Rent
$351,000
Median Home Value
Market
Vacancy Rate% for Industrial in Kansas City, MO
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hy-Vee Catering — 8301 N St Clair Ave, Kansas City, MO 64151
Frequently Asked Questions
What type of property is this?
Flex space - Single-story commercial layout combines front office space with a substantial warehouse area and multiple entry points.
Where is this flex space located?
The property is located at 8576 Green Hills Rd Kansas City, MO.
What is the asking price?
The asking price for this property is $1,749,000.
What are key features of this property?
This property features: 7,200 SF industrial flex space; Four garage doors plus a side garage door; Front open office area with large warehouse space
