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    Property profile & analytics

    12701 87th St Pkwy Lenexa, KS 66215-4527

    • Office Properties & Spaces
    • 20,360 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimation
    $1,085,000
    Last Sale
    Sep 30, 2021
    Location Intelligence
    Property ID
    US33-0243609
    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

    • Office Properties & Spaces

    Property Details for 12701 87th St Pkwy

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    1.56 lot acres
    Property size
    20,360 SF
    Zone code
    NPO
    Property type
    Office Properties & Spaces
    APN
    IP64630000 0003
    APU
    IP646300000003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,095,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,285,000
      6.5%
      $1,285,000
      7%
      $1,140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,310,000
      Geo Method
      $1,260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,020,000
      Retail
      $1,350,000
      Mixed-Use
      $1,315,000
      Hospitality
      $1,020,000
      Educational
      $1,350,000
      Residential Income
      $1,300,000
      Energy
      $1,270,000
      Income-Based Land
      $1,300,000
      Food Service
      $1,005,000

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7336
    Latitude
    38.9704
    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
    $88,701
    $204,040
    $568,460
    $772,500
    -
    $816,160
    $2,273,840
    $3,090,000

    Comparable in this City

    • Value Estimation by Request
      745,140 SF

      & Interstate 35 College Blvd

      Flex space • 745,140 SF
      & Interstate 35 College Blvd, Lenexa, KS 66215
      View Details
    • Value Estimation by Request
      22,066 SF

      12425 87th St Pkwy

      OFFICE (GENERAL) • 22,066 SF
      12425 87th St Pkwy, Lenexa, KS 66215-4524
      View Details
    • Value Estimation by Request
      8,000 SF

      8650 Candlelight Ln

      OFFICE (GENERAL) • 8,000 SF
      8650 Candlelight Ln, Lenexa, KS 66215-6007
      View Details
    • Value Estimation by Request
      13,164 SF

      97th St. & Quivira Rd

      Restaurants • 13,164 SF
      97th St. & Quivira Rd, Overland Park, KS 66215
      View Details
    • Value Estimation by Request
      4,990 SF

      9426 Pflumm Rd

      OFFICE (GENERAL) • 4,990 SF
      9426 Pflumm Rd, Lenexa, KS 66215-3308
      View Details
    • Value Estimation by Request
      7,992 SF

      13830 Santa Fe Trl Dr

      OFFICE (GENERAL) • 7,992 SF
      13830 Santa Fe Trl Dr, Lenexa, KS 66215-3310
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      35,454 SF

      College Crossing Office Park - Building E

      Lenexa, KS Executive Office Space For Sale
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      View Details
    • Contact for pricing
      70,589 SF

      College Crossing Business Park

      Lenexa, KS Flex Warehouse - 70,589 SF
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      28,041 SF

      Lenexa Office Building For Sale

      Office building with 28,041 square feet of space.
      11001-11037 Strang Line Rd, Lenexa, KS 66215
      View Details
    • $1,500,000
      8,000 SF

      Lenexa Medical/Office Investment Opportunity

      Medical and office property for sale in Lenexa, Kansas.
      8650 Candlelight Ln, Lenexa, KS 66215
      View Details
    • $1,250,000
      8,000 SF

      Single Story Office/Flex Space

      8,000 SF single-story office/flex space with dock and parking.
      14563 W 96Th Ter, Lenexa, KS 66215
      View Details
    • $9,018,000

      Vacant Land for Retail/Multi-Family

      31.85 acres zoned CP2 for retail and multi-family.
      22939 W 83Rd Pl, Lenexa, KS 66215
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      77,035 SF

      College Crossing Business Park - Flex Space

      Lenexa, KS: 77,035 SF Flex/Warehouse Space Available
      11036 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      65,900 SF

      College Crossing Business Park Space

      Johnson County flex space for lease. Multiple suites available.
      10902-10918 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      70,589 SF

      College Crossing: Lenexa Industrial Space

      70,589 SF Flex/Warehouse Space Available
      10932-10950 Strang Line Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      78,979 SF

      Lenexa Office Space Available

      Office space featuring private offices, conference room, and kitchen.
      12010 87Th Street Pkwy, Lenexa, KS 66215
      View Details
    • $21 SF/Yr
      1,464 SF

      Lenexa Retail/Office Space Available

      Retail and office spaces for lease near Oak Park Mall.
      9764-9784 Quivira Rd, Lenexa, KS 66215
      View Details
    • $32 SF/Yr
      2,790 SF

      Lenexa Office Space Available

      Office space available for lease in Lenexa, Kansas.
      10550 Quivira Rd, Lenexa, KS 66215
      View Details
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    Lenexa, KS 66215-4527
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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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