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    Property profile & analytics

    11350 Strang Line Rd Lenexa, KS 66215

    • Distribution centers
    • 175,058 SF
    • 10.11 lot acres
    For Lease
    View listing
    Value Estimation
    $1,465,000
    Last Sale
    Dec 06, 2021
    Location Intelligence
    Property ID
    US33-0252255
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for 11350 Strang Line Rd

    Year built
    1994
    Construction
    CONCRETE
    Lot size
    10.11 lot acres
    Property size
    175,058 SF
    Zone code
    BP2
    Property type
    Distribution centers
    APN
    IP15100000 0011
    APU
    IP151000000011

    Description

    This exceptional 146,500-square-foot industrial property, located at 11350 Strang Line Rd in Lenexa, Kansas, presents a significant opportunity for manufacturing and distribution businesses. The single-tenant building, constructed in 1995, sits on a spacious 10.11-acre lot and is fully vacant, offering immediate occupancy. The property boasts a 24-foot ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by 26 loading docks and a single drive-in door, ensuring efficient logistics. Ample parking is available with 105 spaces designated for employees and visitors. The building is equipped with robust power, featuring 277/480v, 1,000 amps service. The property is zoned BP-2, Planned Manufacturing District, within Johnson County, ensuring compatibility with a wide range of industrial uses. This prime location in Lenexa, Kansas, zip code 66215, offers excellent access to major transportation arteries, making it an ideal distribution hub. The property is ready for immediate occupancy and offers a unique opportunity for a business seeking a large, well-equipped industrial space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,535,000
      6.5%
      $1,570,000
      7%
      $1,670,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,990,000
      Geo Method
      $1,860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,045,000
      Retail
      $1,940,000
      Mixed-Use
      $1,790,000
      Hospitality
      $1,950,000
      Educational
      $1,860,000
      Residential Income
      $1,740,000
      Energy
      $1,845,000
      Income-Based Land
      $1,815,000
      Food Service
      $2,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7591
    Latitude
    38.9232
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $329,794
    $275,130
    $2,257,995
    $2,533,125
    -
    $1,100,520
    $9,031,980
    $10,132,500

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      2.38 Acres

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      DISTRIBUTION WAREHOUSE • 2.38 Acres
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    Lenexa, KS 66215
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    Realmo Value Estimation

    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.

    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.

    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
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