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Flex Space with Garage Bays
For Sale
$599,000

949 26th Street, Kansas City, KS 66106

Commercial Sale, Kansas City, KS

Property Size5,760 SF
Lot Size0.29 Acres
Price / SF$103.99
Days on Market126

Property Features for 949 26th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning m-3
Parking features Parking Lot
Interior features Private Restroom, Public Restroom
Directions Property sits on the North East Corner of 26th and cheyenne
Subdivision 407 - N=Ks Rvr;S=Jo Co Ln;E=18th St;W=I-635
Standard status Active
APN 152006
Lot size 0.29 Acres

Taxes and HOA fees

Tax Description MULVANES ADD & 1521 & 1522 & 1523, S20, T11, R25, ACRES 0.290000, B12 L1 TO L4
Tax Annual Amount 7700
Legal Description MULVANES ADD & 1521 & 1522 & 1523, S20, T11, R25, ACRES 0.290000, B12 L1 TO L4

Amenities

auto paint booth

Building Details

Floors in Building 1
Listing Agency: Keller Williams Realty Partners Inc.
Listed By: Marcela Egea · License #SP00234003
Added: Jul 4 Changed: Oct 15 Last Checked: Nov 6 at 6:06AM
MLS# 2635043

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This M-3 commercial property includes a building configured with three large garage door bays, an auto paint booth, office areas, storage space, and private and public restrooms. A parking lot serves the corner-lot site, and the existing improvements support flexible commercial occupancy.

The property has been used as an auto repair shop and may also accommodate storage, warehouse, or office functions, subject to applicable requirements. The 0.29-acre parcel offers a combination of service-oriented building features and practical site improvements within a commercial setting.

Key Highlights

  • Three large garage door bays
  • Auto paint booth included
  • Office and storage areas within the building

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 (±1% cap)
NOI $55,680 @ 7.0% cap · market cap 9.30%
Second Best
Flex RnD
$596.9K
$522.3K – $696.4K (±1% cap)
NOI $41,783 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$954.3K
$835.0K – $1.11M (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Drive-in doors
3
Service bays

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
Balanced
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Corner-lot commercial building with an auto paint booth, offices, storage, and on-site parking.
Where is this flex space located?
The property is located at 949 26th Street 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: Three large garage door bays; Auto paint booth included; Office and storage areas within the building
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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