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

    1134 12Th St Kansas City, KS 66105

    • Distribution centers
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US33-0810178
    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

    • Schmuhl Brothers Inc / Trucking Company
    • SB Repair - Full Service Diesel Truck, Tractor & Tire Shop - Trucker's Friend / Auto Repair Shop

    Property Details for 1134 12Th St

    Property type
    Distribution centers
    Property subtype
    Fulfillment centers

    Description

    This exceptional Kansas City industrial property presents a rare investment opportunity. Located at 1134 S 12th St, in Wyandotte County, Kansas, zip code 66105, this expansive site encompasses 14.8+/- acres of land and offers significant potential for various uses. The property includes two substantial buildings: a 16,142+/- square foot service building and a 10,788+/- square foot office building. This combination provides ample space for storage, operations, and administrative functions. The strategic location in Kansas City offers excellent access to major transportation routes, facilitating efficient logistics and distribution. A key advantage is the potential to add a rail spur, further enhancing the property's operational capabilities and appeal to a wide range of businesses. The asking price for this unique industrial distribution center is $7,500,000. This property is ideal for businesses seeking a large, well-equipped facility with excellent connectivity and future expansion possibilities. The substantial land area also allows for considerable flexibility in terms of future development and adaptation to evolving business needs. Don't miss this chance to acquire a prime industrial asset in a thriving Kansas City location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.6401925
    Latitude
    39.0775069

    Comparable in this City

    • Contact for pricing
      5,500 SF

      Renovated Office and Warehouse Space

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      5,260 SF

      Office/Warehouse with Outdoor Storage

      5,260 SF office/warehouse with fenced outdoor storage.
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    • $1,250,000
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      Kansas City Industrial Space Available

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      19,400 SF

      Truck Maintenance Facility For Sale

      19,400 SF truck maintenance facility with 29 drive-in doors.
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    • $280,000
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      Mixed-Use Building: Investor Opportunity

      Historic mixed-use building with retail and apartments, ready for renovation.
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    Similar Nearby for Sale

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      5,260 SF

      Office/Warehouse with Outdoor Storage

      5,260 SF office/warehouse with fenced outdoor storage.
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    • $1,250,000
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      Kansas City Industrial Space Available

      Industrial space for sale near downtown Kansas City.
      43 Kansas Ave, Kansas City, KS 66105
      View Details
    • Contact for pricing
      5,500 SF

      Renovated Office and Warehouse Space

      Renovated office, warehouse with fenced outdoor storage. I-70 access.
      548 S 11Th St, Kansas City, KS 66105
      View Details
    • Contact for pricing
      19,400 SF

      Truck Maintenance Facility For Sale

      19,400 SF truck maintenance facility with 29 drive-in doors.
      636 Adams St, Kansas City, KS 66105
      View Details
    • $280,000
      1,875 SF

      Mixed-Use Building: Investor Opportunity

      Historic mixed-use building with retail and apartments, ready for renovation.
      Osage Ave, Kansas City, KS 66105
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      19,400 SF

      KCK Truck Maintenance Facility

      19,400 SF Warehouse, Excellent Lease Rate
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    • $17,000 /Mo
      22,106 SF

      Industrial Building with Outdoor Storage

      22,106 SF industrial building with 2.5 acres storage.
      1141 S 12Th St, Kansas City, KS 66105
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    • $3,500 /Mo

      Secured Land for Lease

      Land available for lease with outside storage and utilities.
      1161 S 12Th St, Kansas City, KS 66105
      View Details
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    1134 12Th St
    Kansas City, KS 66105
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    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
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