36450 Frontage Road, Edgerton, KS 66021
16-acre commercial property with I-35 visibility and income potential.
- 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
Listing office Kansas City Regional Homes Inc
Listing date Mar 23, 2022
Source Crexi
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edgerton
- County
- Johnson
- State
- Kansas
- Longitude
- -95.008339
- Latitude
- 38.744973