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    23810 83 Ter Shawnee, KS 66227

    Sponsored
    For Lease
    $17 SF/Yr

    15,000 SF Warehouse, New Construction

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial warehouse, located at 23810 W 83rd Terrace in Lenexa, Kansas (zip code 66227), offers 15,000 square feet of space on a 1.75-acre lot. Built in 2024, this single-tenant property is ideally suited for a truck service and maintenance facility, boasting seven 14' x 16' drive-through bays (14 total drive-in doors) and a 22-foot clear ceiling height with 24' x 24' column spacing. The building includes a 1,000-square-foot office area with a common area and space for a future break room, along with three bathrooms (two in the office, one in the shop). Potential exists for a mezzanine above the office for added storage. The property features 600 AMP, 480 Volt 3-phase power, built-in floor drains connected to a water separator system, and ESFR fire protection. Construction is tilt-up concrete with a new concrete pad. The office is equipped with AC and heat, while the warehouse has radiant heat. Exterior lighting includes pole and wall pack fixtures. The roof and parking lot drainage system is designed to direct water west to a Parana that drains into an offsite detention pond. The entire property can be fenced. Tenant improvements are negotiable based on credit and terms. This well-located property sits in a cul-de-sac off 83rd Street. The APN is 0460482803006002000.

    Property Features for 23810 83 Ter

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Class
    A
    Total Rate
    21250

    Building Details

    Year Built
    2024
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    15,000 SF
    Rate per SF
    $17

    HighLights

    • New Construction Truck Service & Maintenance Facility.
    • Seven (7) drive‑through bays, each measuring 16' x 14'.
    • Tenant Improvement (TI) allowance negotiable based on creditworthiness and lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.862313146825
    Latitude
    38.977985990492

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    FAQs

    What type of property is this?
    Distribution property - 15,000 SF Warehouse, New Construction
    Where is this distribution property located?
    The property is located at 23810 83 Ter Shawnee, KS.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: New Construction Truck Service & Maintenance Facility.; Seven (7) drive-through bays, each measuring 16' x 14'.; Tenant Improvement (TI) allowance negotiable based on creditworthiness and lease terms.
    Request Owner's contact information
    23810 83 Ter Shawnee, KS 66227
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    23810 83 Ter Shawnee, KS 66227
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