11940 Metcalf Ave Overland Park, KS 66213
- Strip malls
- 20,832 SF
Current Use by Public Records
- Pan-Asia Market / Supermarket / Asian Grocery Store
Property Details for 11940 Metcalf Ave
- Year built
- 1999
- Construction
- CONCRETE BLOCKS
- Property size
- 20,832 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- NP59000000 0002A
- APU
- NP590000000002A
Description
This exceptional 20,274 square foot retail property is located at 11940 Metcalf Avenue in Overland Park, Kansas, zip code 66213. The single-tenant building sits on a 0.7-acre lot and is ideally situated within a thriving retail center. The property benefits from its strategic location at one of the busiest intersections in Kansas, boasting over 52,000 vehicles per day, ensuring high visibility and significant foot traffic. This location offers unparalleled access to a dense population base and is centrally positioned amongst other major retail establishments. The property is part of a well-established shopping center anchored by a Whole Foods Market and includes notable co-tenants such as Nordstrom Rack, Burlington, Golf Galaxy, Five Below, and Mattress Firm. This ensures a strong synergy and consistent customer flow. The property's size and location make it an attractive opportunity for a variety of retail businesses seeking a high-traffic, high-visibility location in a densely populated area of Overland Park. The property type is classified as retail, specifically a grocery store and retail space. This presents a unique opportunity for businesses looking to capitalize on the established success of the surrounding retail environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $830,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $800,000
- 6.5%
- $880,000
- 7%
- $935,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $910,000
- Geo Method
- $920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $840,000
- Retail
- $805,000
- Mixed-Use
- $910,000
- Hospitality
- $900,000
- Educational
- $905,000
- Residential Income
- $760,000
- Energy
- $870,000
- Income-Based Land
- $910,000
- Food Service
- $850,000
Location Insight
- Map
- Local Demand
- City
- Overland Park
- County
- Johnson
- State
- Kansas
- Longitude
- -94.6679
- Latitude
- 38.9119
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA