Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11300 Britton St Lenexa, KS 66219

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    72,000 SF Flex Industrial Building

    Property size:
    72,000 SF

    Property Features for 11300 Britton St

    General Information

    Property type
    Flex space
    Square Feet
    72,000 SF

    We can help!

    Listing Contact
    Michael Block
    Michael Block

    Listing Agency: Block Real Estate Services LLC Listing Agent: Michael Block

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional investment opportunity presents a prime 72,000 square foot industrial/flex building site in the thriving Lenexa, Kansas market. Located at 11300 Britton Street, Lenexa, KS 66219, within Johnson County, this property offers significant potential for a variety of commercial uses. The land is zoned to support the construction of a 72,000 square foot building, ideal for businesses requiring flexible space adaptable to diverse operational needs. The property's strategic location provides easy access to major transportation arteries, ensuring efficient logistics and distribution. This presents a rare chance to acquire a substantial land parcel ready for immediate development in a high-demand area. The asking price for this exceptional property is $1,502,820. The property's latitude and longitude coordinates are 38.954705 and -94.7848402 respectively. This is a turnkey opportunity for developers or businesses seeking a significant footprint in a rapidly growing Kansas City suburb. The property is classified as both commercial and flex space, offering versatility and adaptability for a wide range of potential tenants. Don't miss this chance to secure a valuable asset in a dynamic market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7848402
    Latitude
    38.954705

    Nearby Similar for Sale

    • $515,000
      2,125 SF

      New Construction Twin Villas Duplex

      New construction duplex villas with lawn service included in HOA.
      9852 W Greeley St, Lenexa, KS 66227
      View Details
    • $515,000
      2,125 SF

      New Construction Twin Villas Duplex

      New construction duplex in Lenexa, est. completion May 2026.
      9854 W Greeley St, Lenexa, KS 66227
      View Details
    • New
      $388,500
      Pending

      Updated Duplex in Gated Community

      Updated half duplex in Lenexa, maintenance-provided community, versatile living.
      13204 W 85Th Ct, Lenexa, KS 66215
      View Details
    • $561,120
      2,445 SF

      Lenexa Office Space For Sale

      Office space for sale with first-class finishes and highway access.
      11025 Hauser St, Lenexa, KS 66210
      View Details
    • $1,500,000
      8,000 SF

      Lenexa Medical/Office Investment Opportunity

      Medical and office property for sale in Lenexa, Kansas.
      8650 Candlelight Ln, Lenexa, KS 66215
      View Details
    • $515,000
      Pending

      Lenexa Duplex For Sale

      Duplex property in Lenexa, Kansas, estimated to close 6/2026.
      9862 W Greeley St, Lenexa, KS 66227
      View Details
    • Contact for pricing
      28,041 SF

      Lenexa Office Building For Sale

      Office building with 28,041 square feet of space.
      11001-11037 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      8,000 SF

      Single Story Office/Flex Space

      8,000 SF single-story office/flex space with dock and parking.
      14563 W 96Th Ter, Lenexa, KS 66215
      View Details
    • $5,950,000
      40,095 SF

      Lenexa Warehouse Space Available

      40,095 sqft warehouse space available for sale in Lenexa.
      14400 College Blvd, Lenexa, KS
      View Details
    • $1,502,820
      72,000 SF

      Lenexa Warehouse Space Available

      72,000 square foot warehouse in Lenexa, Kansas for sale.
      16800 W 113 St, Lenexa, KS
      View Details
    • Contact for pricing
      59,638 SF

      Lenexa Flex Space Available

      Flex space with drive-in loading, immediate highway access.
      8200-8248 Marshall Dr, Lenexa, KS 66214
      View Details
    • Contact for pricing
      129,321 SF

      Class A Corporate Headquarters

      High-profile, move-in ready office building with expansion potential.
      9701 Renner Blvd, Lenexa, KS
      View Details

    FAQs

    What type of property is this?
    Flex space - 72,000 SF Flex Industrial Building
    Where is this flex space located?
    The property is located at 11300 Britton St Lenexa, KS.
    What is the asking price?
    The asking price for this property is $1,502,820.
    What are key features of this property?
    This property features: $1,502,820 asking price.; 72,000 square foot industrial/flex property.; Located in Lenexa, Kansas, 66219.
    (816) 756-1400 Call to check price and availability
    Request Owner's contact information
    11300 Britton St Lenexa, KS 66219
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11300 Britton St
    Lenexa, KS 66219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    11300 Britton St Lenexa, KS 66219
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Block
    Michael Block
    Real Estate License ID: 2009012381
    (816) 756-1400 (816) 210-5549 (816) 932-5549
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!