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    I-35 Visible Commercial Property Title is generated by Realmo AI

    36450 Frontage Road, Edgerton, KS 66021

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    16-acre commercial property with I-35 visibility and income potential.

    Type:Industrial
    Property size:
    20,040 SF
    Lot size:
    16.00 Acres
    Price / SF:
    $59/SF
    Added:
    Mar 23, 2022
    Days on Market:
    1567
    Last Refresh:
    Jun 27 at 9:50 pm

    Property Features for 36450 Frontage Road

    General Information

    Standard status
    Active
    Size
    20,040 SF
    Lot size
    16.00 Acres
    Property subtype
    Industrial

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    Joseph Casad

    Listing office Kansas City Regional Homes Inc

    Listing date Mar 23, 2022

    Source Crexi

    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 Kansas City Regional Homes Inc

    HighLights

    • I‑35 Visibility: Prime location offering high visibility for any business
    • Income‑Producing Billboards: Property includes two billboards generating income
    • Significant Upside Potential: Presents a strong opportunity for increased value and revenue
    • Substantial Acreage: 16 +- Acres provides ample space
    • Multiple Commercial Buildings: Features 3 commercial buildings totaling 20,040 sq. ft.
    • On‑Site Residence: Includes a 1450 sq. ft. residence

    Overview

    This commercial property offers a location with I-35 visibility. The 16-acre site includes three commercial buildings totaling 20,040 square feet, along with a 1,450-square-foot residence. The property also features two billboards that generate income, presenting significant upside potential.

    Local 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 $114.6k $5.72
    − Vacancy −$7.0k −$0.35
    EGI $107.6k $5.37
    − OpEx −$32.3k −$1.61
    NOI $75.3k $3.76
    20,040 SF · lease $5.72/SF/yr · vacancy 6.10% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $1.08M
    $941.8K – $1.26M (±1% cap)
    NOI $75,346 @ 7.0% cap · market cap 6.28%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $4.85M
    $4.24M – $5.66M (±1% cap)
    NOI $339,504 @ 7.0% cap · market cap 28.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Edgerton
    County
    Johnson
    State
    Kansas
    Longitude
    -95.008339
    Latitude
    38.744973

    FAQs

    What type of property is this?
    Industrial property - 16-acre commercial property with I-35 visibility and income potential.
    Where is this industrial property located?
    The property is located at 36450 Frontage Road Edgerton, KS.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: I‑35 Visibility: Prime location offering high visibility for any business; Income‑Producing Billboards: Property includes two billboards generating income; Significant Upside Potential: Presents a strong opportunity for increased value and revenue
    More about this property
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