Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8025 Metcalf Ave Overland Park, KS 66204

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8025 Metcalf Ave Overland Park, KS 66204

    View on Map
    • Retail properties & Spaces
    • 1,153 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Paleta Bar / Bakery / Take-out & Catering

    Property Details for 8025 Metcalf Ave

    Property size
    1,153 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 1,153 square foot retail space, located at 8025 Metcalf Ave in Overland Park, Kansas (zip code 66204), presents a unique investment opportunity. Currently operating as a profitable Paleta Bar franchise, this turnkey business includes all furniture, fixtures, and equipment. Situated in the vibrant Avenue 80 development, surrounded by over 700 apartments, the property boasts excellent visibility and signage on heavily trafficked Metcalf Avenue. The sale includes the option to continue operating the existing Paleta Bar franchise or to establish a new business venture entirely. This presents a rare chance to acquire a thriving business in a high-demand location within the Kansas City market. The existing franchise also offers the potential to acquire rights for a second Paleta Bar location within the Kansas City area. This is a remarkable opportunity for an investor seeking a profitable, established business with significant growth potential. The property is categorized as retail, and the business is classified as a restaurant and building sale. Johnson County location provides access to a strong demographic.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Overland Park
    County
    Johnson
    State
    Kansas
    Longitude
    -94.6674
    Latitude
    38.9835

    Comparable in this City

    • Value Estimation by Request

      10217 75Th St

      Individual retail properties
      10217 75Th St, Overland Park, KS 66204
      View Details
    • Value Estimation by Request
      1,632 SF

      8215 Metcalf Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,632 SF
      8215 Metcalf Ave, Overland Park, KS 66204-3848
      View Details
    • Value Estimation by Request
      3,186 SF

      10006 75th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,186 SF
      10006 75th St, Overland Park, KS 66204-2219
      View Details
    • Value Estimation
      $620,000
      4,461 SF

      7700 Metcalf Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,461 SF
      7700 Metcalf Ave, Overland Park, KS 66204-2930
      View Details
    • Value Estimation
      $525,000
      3,533 SF

      9405 75th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,533 SF
      9405 75th St, Overland Park, KS 66204-2213
      View Details
    • Value Estimation by Request
      2,725 SF

      7006 75th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,725 SF
      7006 75th St, Overland Park, KS 66204-3029
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Overland Park Development Opportunity

      Nearly half-acre property in Overland Park's Downtown Form District.
      8231 Travis St, Overland Park, KS 66204
      View Details
    • Contact for pricing
      1,704 SF

      Overland Park Retail Opportunity

      Retail building in downtown Overland Park with high visibility.
      8139 Metcalf Ave, Overland Park, KS 66204
      View Details
    • Contact for pricing
      9,500 SF

      Overland Park Retail Opportunity

      Retail property with parking in downtown Overland Park.
      8201 Metcalf Ave, Overland Park, KS 66204
      View Details
    • $1,500,000
      3,118 SF

      Overland Park Commercial Land Opportunity

      Prime commercial land in Downtown Overland Park with retail/commercial space.
      7512 W 80Th St, Overland Park, KS 66204
      View Details
    • $550,000
      0.45 Acres

      Overland Park Development Opportunity

      Nearly half-acre property in Overland Park's Downtown Form District.
      6901 W 82Nd St, Overland Park, KS 66204
      View Details
    • $240,000
      Pending

      Updated Overland Park Home

      Updated 3-bedroom home in Overland Park near amenities.
      8270 Perry St, Overland Park, KS 66204
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,731 SF

      Overland Park Retail Space Available

      4,731 SF retail building on a .51 acre site.
      7903 Metcalf Ave, Overland Park, KS 66204
      View Details
    • Contact for pricing
      8,500 SF

      Overland Park Retail Space Available

      Retail space available for rent in Overland Park, Kansas.
      7201 W 80Th St, Overland Park, KS 66204
      View Details
    • $12 SF/Yr
      9,700 SF

      Overland Park Showroom with Warehouse

      9,700 SF showroom, office, and warehouse space for sublease.
      7501 Metcalf Ave, Overland Park, KS 66204
      View Details
    • Contact for pricing
      4,145 SF

      Overland Park Retail Space Available

      4,145 SF retail space in Overland Park for lease.
      7109 W 80Th St, Overland Park, KS 66204
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Johnson County

      Retail spaces available in Four Winds Shopping Center.
      7931-7937 Frontage Rd, Overland Park, KS 66204
      View Details
    • Contact for pricing
      73,650 SF

      Overland Park Retail Opportunity

      Rare retail space in high-traffic, affluent Overland Park area.
      7000 W 75Th St, Overland Park, KS 66204
      View Details
    Request Owner's contact information
    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.
    8025 Metcalf Ave
    Overland Park, KS 66204
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!