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    Restaurant Space Near Grand Station Title is generated by Realmo AI

    9001 Shawnee Mission Pkwy, Mission, KS

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    Restaurant space with high visibility near Grand Station Development.

    Type:RETAIL
    Property size:
    6,084 SF
    Lot size:
    0.86 Acres
    Added:
    Jul 18, 2025
    Days on Market:
    309
    Last Refresh:
    Apr 5 at 10:34 pm

    Property Features for 9001 Shawnee Mission Pkwy

    General Information

    Standard status
    Active
    Size
    6,084 SF
    Lot size
    0.86 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 9001 Shawnee Mission Pkwy Contact us

    We can help!

    Listing Contact
    Jordan Zenger
    Jordan Zenger

    Listing agent Jordan Zenger License #2019047785

    Listing office Ferguson Properties

    Listing date Jul 18, 2025

    Source Moodyscre

    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 Ferguson Properties

    HighLights

    • High traffic location at I‑35 & Shawnee Mission Pkwy interchange (190,000 VPD).
    • Prime location across from NEW Grand Station Development.
    • Restaurant is in great condition for future use.
    • Excellent visibility and easy access.
    • Spacious and versatile retail space.
    • Ample Parking.

    Overview

    This 6,084 square foot retail space is conveniently located at the interchange of I-35 and Shawnee Mission Parkway, where the combined corridors carry 190,000 vehicles per day. The property is situated in a high-traffic area, offering excellent visibility and easy access. It is located on Shawnee Mission Parkway, across from the new Grand Station Development. The restaurant is in great condition for future use and features ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Taste of The Pacific - Kansas City Catering — 5820 Johnson Dr, Mission, KS 66202
    • The Corporate Catering Co. - Kansas City — 6301 Glenwood St, Overland Park, KS 66202
    • Hy-Vee Catering — 6655 Martway St, Mission, KS 66202
    • The Table - Catering — 6301 Glenwood St, Overland Park, KS 66202

    Location Insight

    • Map
    • Local Demand
    City
    Mission
    County
    Johnson
    State
    Kansas
    Longitude
    -94.67
    Latitude
    39.02

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      6,132 SF

      Freestanding Restaurant in Mission Corridor

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with high visibility near Grand Station Development.
    Where is this restaurant located?
    The property is located at 9001 Shawnee Mission Pkwy Mission, KS.
    What are key features of this property?
    This property features: High traffic location at I‑35 & Shawnee Mission Pkwy interchange (190,000 VPD).; Prime location across from NEW Grand Station Development.; Restaurant is in great condition for future use.
    (913) 558-5183 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jordan Zenger
    Jordan Zenger
    Real Estate License ID: 2019047785
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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