Versatile Commercial Site For
9780 Lexington Avenue De Soto, KS 66018
For Sale
Contact for pricing
Commercial property with road frontage, visibility, and redevelopment potential.
Property Size1,508 SF
Price / SF$198.94
Days on Market159
Property Features for 9780 Lexington Avenue
General Information
Standard status
Active
Size
1,508 SF
Property subtype
Special Purpose
Building Details
Year Built
1940
Listing Agency:
Crystal Clear Realty
Listed By:
Amanda Barclay · License #00246163
Source:
Crexi
Added: Feb 20
Changed: Jul 6
Last Checked: Jul 27 at 8:20PM
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 Crystal Clear Realty
Investment Insights
Based on property information with market context.
This commercial property offers strong road frontage and excellent visibility, presenting outstanding potential for various uses. Zoned commercial, the site provides flexibility for investors or business owners, with the opportunity to pursue rezoning. The existing structure is suitable for owner-occupied business space, storage, redevelopment, or repositioning. City sewer is available at the edge of the property, creating additional upside for future improvements or expansion. The location offers steady traffic exposure and easy access, presenting a versatile commercial site with infrastructure advantages and long-term growth potential. The property size is 1508 square feet. It is located on Lexington Avenue in De Soto, Kansas.
Key Highlights
- Strong road frontage and excellent visibility
- Zoned commercial, offering flexibility for various uses
- City sewer available at the edge of the property
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 | $34.7k | $23.04 |
| − Vacancy | −$7.0k | −$4.65 |
| EGI | $27.7k | $18.39 |
| − OpEx | −$6.9k | −$4.60 |
| NOI | $20.8k | $13.79 |
1,508 SF · lease $23.04/SF/yr · vacancy 20.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$297.1K
$259.9K – $346.6K
NOI $20,794 @ 7.0% cap · market cap 6.93%
Second Best
Retail
$208.2K
$182.2K – $243.0K
NOI $14,577 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$365.0K
$319.3K – $425.8K
NOI $25,547 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial property with road frontage, visibility, and redevelopment potential.
Where is this commercial land located?
The property is located at 9780 Lexington Avenue De Soto, KS.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Strong road frontage and excellent visibility; Zoned commercial, offering flexibility for various uses; City sewer available at the edge of the property
