3-Bay Flex Building with Paint
For Sale
$599,000
949 26th St, Kansas City, KS 66106
M-3-zoned corner property with office, storage, and automotive improvements.
Property Size5,760 SF
Price / SF$103.99
Days on Market52
Property Features for 949 26th St
General Information
Standard status
Active
Size
5,760 SF
Zoning
M-3
Additional Details
Drive-In Doors
3
Service Bays
3
Amenities
Auto paint booth
Building Details
Buildings
1
Building Size
5,760 SF
Listing Agency:
Keller Williams Realty Partners Inc.
Listed By:
Marcela Egea · License #SP00234003
(913) 998-4098
Source:
Stoneandstory
Added: Aug 25
Changed: Oct 8
Last Checked: Oct 7 at 1:40PM
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 Keller Williams Realty Partners Inc.
Investment Insights
Based on property information with market context.
This 5760sq ft flex building occupies a corner lot and includes three oversized garage-door bays, an auto paint booth, storage areas, and office space. The property has an established automotive repair history and is configured for practical service and workspace functions.
M-3 zoning supports the property’s industrial positioning. The building can accommodate storage, warehouse, or office use, with the existing bay layout and automotive improvements providing additional flexibility. An adjoining property is also being offered separately, creating a potential path to expand the overall site and parking area.
M-3 zoning supports the property’s industrial positioning. The building can accommodate storage, warehouse, or office use, with the existing bay layout and automotive improvements providing additional flexibility. An adjoining property is also being offered separately, creating a potential path to expand the overall site and parking area.
Key Highlights
- 5760sq ft flex building on a corner lot
- Three large garage‑door bays
- Existing auto paint booth
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,783
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,660
$835.7K
Cap Rate 7%
$596,900
$596.9K
Cap Rate 9%
$464,256
$464.3K
Market Conditions
NOI Build-Up for 5,760 SF
Gross rent
$69.1K $12.00/SF
− Vacancy
−$4.8K −$0.84/SF
EGI
$64.3K $11.16/SF
− OpEx
−$22.5K −$3.91/SF
NOI
$41.8K $7.25/SF
Area
Kansas City, KS
Vacancy
7.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,660
Cap Rate 7%
$596,900
Cap Rate 9%
$464,256
Alternative Uses
Best Use
Retail
$795.4K
$696.0K – $928.0K
NOI $55,680 @ 7.0% cap · market cap 9.30%
Second Best
Flex RnD
$596.9K
$522.3K – $696.4K
NOI $41,783 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$954.3K
$835.0K – $1.11M
NOI $66,799 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Drive-in doors
3
Service bays
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 66106, KS
24,085
Population
9,226
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,274
Density / Sq Mi
$56,294
Median Household Income
$39,734
Median Earnings
$944
Median Rent
$154,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - M-3-zoned corner property with office, storage, and automotive improvements.
Where is this flex space located?
The property is located at 949 26th St Kansas City, KS.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5760sq ft flex building on a corner lot; Three large garage‑door bays; Existing auto paint booth
