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Overland Park Lab Facility

9221 Quivira Rd Overland Park, KS 66215

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24,436 SF lab facility on 2.04 acres.

Type:Office
Property size:
24,436 SF
Lot size:
2.04 Acres
Price / SF:
$204.62/SF
Added:
May 9, 2026
Days on Market:
67
Last Refresh:
Jun 25 at 11:18 pm

Property Features for 9221 Quivira Rd

General Information

Standard status
Active
Size
24,436 SF
Lot size
2.04 Acres
Property subtype
Office

Building Details

Year Built
1965

Listing office AREA Real Estate Advisors

Listing date May 9, 2026

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 AREA Real Estate Advisors


Investment Insights

Based on property information with market context.

The property at 9221 Quivira Road in Overland Park, Kansas, is a 24,436 square foot purpose-built laboratory facility situated on a 2.04-acre site. It features 104 parking spaces. The building will be delivered vacant in December 2026, presenting an acquisition opportunity for an owner-user. It is suitable for laboratory, diagnostic, biotech, or life sciences companies seeking operational lab space with existing infrastructure. The property has been continuously used as a fully operational diagnostic laboratory since 2007, and the lab infrastructure, HVAC, plumbing, electrical, and waste systems have been maintained and upgraded to meet clinical laboratory standards throughout its occupancy.

Key Highlights

  • Purpose‑built 24,436 SF laboratory facility with existing infrastructure
  • Vacant possession in December 2026, offering an owner‑user acquisition opportunity
  • Located on a 2.04‑acre site with 104 parking spaces

Local Financial Insights For Office B

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 $513.2k $21.00
− Vacancy −$100.1k −$4.10
EGI $413.1k $16.90
− OpEx −$103.3k −$4.23
NOI $309.8k $12.68
24,436 SF · lease $21.00/SF/yr · vacancy 19.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.43M
$3.87M – $5.16M (±1% cap)
NOI $309,818 @ 7.0% cap · market cap 6.20%
Second Best
Healthcare Medical
$3.98M
$3.48M – $4.64M (±1% cap)
NOI $278,688 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M (±1% cap)
NOI $440,728 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Tower Properties Real Estate Agency Job Service Employment Agency Great Plains Laboratory Corporate Office

Suggested Use

Real Estate Agency HVAC Service Dental Office Auto Parts Store Restaurant Nail Salon Grocery & Convenience Store Kitchen & Bath Showroom Bakery Building Supply

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

Similar Off Market Nearby

  • Dr. Jennifer Strickland — 9550 Quivira Rd, Lenexa, KS 66215
  • Petco Vaccination Clinic — 11620 W 95th St, Overland Park, KS 66214
  • Sparhawk Laboratories Inc — 12340 Santa Fe Trail Dr, Lenexa, KS 66215
  • CEVA Animal Health — 8906 Rosehill Rd, Lenexa, KS 66215

FAQs

What type of property is this?
Medical Office Space - 24,436 SF lab facility on 2.04 acres.
Where is this medical office space located?
The property is located at 9221 Quivira Rd Overland Park, KS.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Purpose‑built 24,436 SF laboratory facility with existing infrastructure; Vacant possession in December 2026, offering an owner‑user acquisition opportunity; Located on a 2.04‑acre site with **104 parking spaces**
Contact an agent
(913) 475-0868 Call to check price and availability
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