You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,020,000
Automotive properties

12208 87th St Pkwy Lenexa, KS 66215-2812

15,488 SF 1.45 ac lot Built 1984
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US33-0505994
Property summary
AI-generated overview

This exceptional single-story, 14,600 square foot medical office building, constructed in 1982 and extensively renovated in 2024, presents a unique investment opportunity. The property boasts three suites, with 8,841 square feet currently vacant. This significant vacancy includes 20 fully equipped exam rooms, a former lab space, one x-ray room, and eight individual offices, providing ample space for a variety of medical or traditional office uses. The building enjoys a highly desirable location with convenient access to I-35, ensuring easy commutes for both staff and patients. Furthermore, its proximity to a walkable area with numerous restaurants and retail establishments enhances its appeal. High visibility is guaranteed with available monument and building signage, benefiting from exposure to 29,559 cars per day on 87th Parkway. The building's recent renovation ensures modern amenities and functionality, making it an ideal space for a growing practice or business seeking a well-maintained and strategically located property. This is a rare opportunity to acquire a versatile and well-positioned commercial property in a thriving area. The substantial vacant space offers significant potential for immediate occupancy and future expansion.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1984
Construction FRAME
Total area 15,488 SF
Lot 1.45 ac (63,162 SF)
Zoning code CPO
APN IF241227-4022
UPID US33-0505994
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.02M
Owner & transaction history
Bvd Properties LLC
Bvd Properties LLC
since 2026
2 recorded transactions
2026
Price N/A
2022
Price N/A
Zoning & alternative use
CPO · Lenexa, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source development guide
Top alternative use upside
Retail stores $1.3M +19.0%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12208 87th St Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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