Overland Park Lab
For Sale
Contact for pricing
9221 Quivira Rd, Overland Park, KS 66215
24,436 SF lab facility on 2.04 acres.
Property Size24,436 SF
Lot Size2.04 Acres
Price / SF$204.62
Days on Market160
Property Features for 9221 Quivira Rd
General Information
Standard status
Active
Size
24,436 SF
Total Parking Spaces
104
Lot size
2.04 Acres
Property subtype
Office
Zoning
M1, Overland Park
Investment Type
Owner/User
Building Details
Year Built
1965
Stories
1
Tenancy
Single
Listing Agency:
AREA Real Estate Advisors
Listed By:
Jay Hawkins · License #KS 00244294
(913) 475-0868
Source:
Crexi
Added: May 9
Changed: Oct 7
Last Checked: Oct 14 at 10:29PM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$309,818
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,196,360
$6.2M
Cap Rate 7%
$4,425,971
$4.4M
Cap Rate 9%
$3,442,422
$3.4M
Market Conditions
NOI Build-Up for 24,436 SF
Gross rent
$513.2K $21.00/SF
− Vacancy
−$100.1K −$4.10/SF
EGI
$413.1K $16.90/SF
− OpEx
−$103.3K −$4.23/SF
NOI
$309.8K $12.68/SF
Area
Overland Park, KS
Vacancy
19.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,196,360
Cap Rate 7%
$4,425,971
Cap Rate 9%
$3,442,422
Alternative Uses
Best Use
Office B
$4.43M
$3.87M – $5.16M
NOI $309,818 @ 7.0% cap · market cap 6.20%
Second Best
Healthcare Medical
$3.98M
$3.48M – $4.64M
NOI $278,688 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$6.30M
$5.51M – $7.35M
NOI $440,728 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,441
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 66215, KS
26,351
Population
11,945
Households
2.2
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
8.1 sq mi
ZIP Area
3,253
Density / Sq Mi
$89,065
Median Household Income
$48,448
Median Earnings
$1,420
Median Rent
$311,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- College Boulevard Animal Hospital — 11733 College Blvd, Overland Park, KS 66210
- Veterinarian Specialists: Desch J P DVM — 11950 W 110th St B, Overland Park, KS 66210
- Ironhorse Veterinary Care — 11950 W 110th St, Overland Park, KS 66210
- BluePearl Pet Hospital — 11950 W 110th St, Overland Park, KS 66210
Frequently Asked Questions
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**
