Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Kansas City, KS 66103
    Back to Search
    Property profile & analytics

    , Kansas City, KS 66103

    View on Map
    • Land
    • 50,000 SF
    • 3.81 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details

    Lot size
    3.81 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 50,000-square-foot flex space, situated on a generous 3.81-acre lot in Kansas City, Kansas, presents a unique opportunity for businesses seeking a versatile industrial property. The single-tenant building offers ample space for a variety of uses, perfectly suited for companies requiring both office and warehouse functionality. The property boasts 130 parking spaces, ensuring convenient access for employees and clients. Located in Wyandotte County, with a 66103 zip code, this site benefits from its strategic location within Kansas City. The M-3 zoning allows for a wide range of industrial and commercial activities. The entire 50,000 square feet is currently vacant, providing immediate occupancy for a new tenant. This property is ideal for businesses needing significant space and convenient parking in a thriving industrial area. The expansive lot size offers potential for future expansion or outdoor storage. The property's address is W Cambridge - Site 24, Kansas City, KS. This is a rare opportunity to secure a substantial, well-located industrial property in a desirable Kansas City market. The property is available for lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.6106
    Latitude
    39.0776

    Comparable in this City

    • Value Estimation by Request
      5.67 Acres

      Site 9 Cambridge Business Park

      Office Units
      Site 9 Cambridge Business Park, Kansas City, KS 66103
      View Details
    • Value Estimation by Request
      3.81 Acres

      Site 24 Cambridge Business Park

      Flex space
      Site 24 Cambridge Business Park, Kansas City, KS 66103
      View Details
    • Value Estimation by Request
      400.00 Acres

      435 Logistics Ctr

      Distribution properties
      435 Logistics Ctr, Kansas City, KS 66103
      View Details
    • Value Estimation by Request
      5.40 Acres

      SITE 20 Cambridge Business Park

      Land
      SITE 20 Cambridge Business Park, Kansas City, KS 66103
      View Details
    • Value Estimation by Request
      40,000 SF

      & I-35 Adams St

      Flex space
      & I-35 Adams St, Kansas City, KS 66103
      View Details
    • Value Estimation by Request
      40,201 SF

      1 Business Ctr

      Distribution properties
      1 Business Ctr, Kansas City, KS 66103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      50,000 SF

      50,000 SF Flex Building Site

      Ideal site for a 50,000 SF flex building.
      1103 W Cambridge Circle Dr, Kansas City, KS 66103
      View Details
    • Contact for pricing

      5,091 SF Flex/Industrial Building

      Flex/industrial building with fenced lot and convenient location.
      2015 W 43Rd Ave, Kansas City, KS 66103
      View Details
    • Contact for pricing
      5,091 SF

      Industrial Property for Sale

      Industrial property featuring 5,091 square feet of space.
      2015 W 43Rd Ave, Kansas City, KS 66103
      View Details
    • Contact for pricing
      Pending

      Raw Lot in Kansas City

      Land for new construction or investment in evolving area.
      573 Metropolitan Ave, Kansas City, KS 66103
      View Details
    • $2,300,000

      10 North Hill St, Kansas City, KS 66103

      Warehouses
      10 North Hill St, Kansas City, KS 66103
      View Details
    • $2,600,000
      31,700 SF

      Secured Warehouse with Fenced Lot

      Warehouse with fenced lot, 2,500 SF office, and dock doors.
      19 Elmwood Ave, Kansas City, KS 66103
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office and Industrial Land Available

      Office, industrial, and land available for lease.
      1101 W Cambridge Circle Dr, Kansas City, KS 66103
      View Details
    • Contact for pricing

      Cambridge Business Park Space Available

      Office space available within Cambridge Business Park.
      SITE 20 Cambridge Business Park, Kansas City, KS 66103
      View Details
    • Contact for pricing
      3,099 SF

      Kansas City Flex/Industrial Space

      Flex/industrial space available for lease in Kansas City, KS.
      1300 Adams St, Kansas City, KS 66103
      View Details
    • Contact for pricing
      40,201 SF

      Kansas City Flex Space Available

      Modern flex space, multiple suites available.
      1 Business Ctr, Kansas City, KS 66103
      View Details
    • Contact for pricing
      11,281 SF

      Kansas City Flex Space Available

      Flex space suitable for various business applications in Kansas City.
      1140-1146 Booth St, Kansas City, KS 66103
      View Details
    • Contact for pricing
      1,814 SF

      Kansas City Flex/Industrial Space

      Flex/industrial space with convenient access to major thoroughfares.
      1134 W Cambridge Circle Dr, Kansas City, KS 66103
      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.
    Kansas City, KS 66103
    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

    Thank You for Inquiry
    Kansas City, KS, 66103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!