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Property profile & analytics
FOR LEASE
Office Spaces
12980 Metcalf Ave Overland Park, KS 66213
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0779700
For Lease
1 / 8
$24.50 SF/Yr
12980 Metcalf Ave, Overland Park, KS 66213
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Property summary
AI-generated overview
Southcreek V, located at 12980 Metcalf Ave in Overland Park, Kansas (zip code 66213), offers flexible office space in the South Johnson County submarket. This five-story building, constructed in 1997, provides a variety of options for businesses of all sizes. Currently, there are five available suites ranging from 842 to 5,055 square feet. The minimum divisible space is 463 square feet, while the maximum contiguous space available is 2,982 square feet. The building caters to both executive office and traditional office needs, making it an ideal location for companies seeking a professional and well-maintained workspace. Its location in Overland Park, within Johnson County, offers easy access to major transportation routes and amenities. The building's design and layout are well-suited for businesses seeking efficient and adaptable office solutions. Interested parties are encouraged to inquire about available space and lease terms. This property presents a compelling opportunity for businesses seeking a prime location in a thriving area of Overland Park.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1996
Construction
CONCRETE
Total area
81,616 SF
Lot
4.74 ac (206,474 SF)
Zoning code
CP-O
APN
NP79570000 0006
UPID
US33-0779700
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
Current use
Occupant on record · Public records
-
Furmihub Wholesaler and distributor Big Box & Wholesale Store
-
Actuate Corporation (Bike/Boat/Book/etc) Store Corporate Office
-
KS StateBank Loan Production Office Loan Service Bank
-
Willis North America Insurance Agency
-
Kansas Justice Institute Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.62M
Owner & transaction history
SOUTHCREEK V ASSOCIATES,
SOUTHCREEK V ASSOCIATES,
Zoning & alternative use
CP-O · Overland Park, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Overland Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Overland Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,935,000
Current use
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$20 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$242,718
Tax year 2023
Assessed value
$2,288,475
Assessed 2023
Previous assessed
$2,187,001
+4.6% YoY
Effective rate
10.61%
On assessed value
Assessed land
$413,395
Assessed improvement
$1,875,080
Land market value
$1,653,580
Improvement market value
$7,500,320
Total market value
$9,153,900
Applied tax rate
666.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1996
Construction
CONCRETE
Heating
YES
Cooling
AC.PACKAGE
Stories
5
Units
1
Total area
81,616 SF
Lot
4.74 ac (206,474 SF)
Zoning code
CP-O
APN
NP79570000 0006
UPID
US33-0779700
Jurisdiction
JOHNSON
Zoning & alternative use
CP-O · Overland Park, KS
Zoning CP-O · permitted uses
CP-O · Overland Park, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Overland Park. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
5
Units
1
Lot
4.74 ac
Current owner
From public records · entity-resolved
SOUTHCREEK V ASSOCIATES,
Individual
Free & Clear · 0 yrs held
Mailing address
7200 W 132ND ST STE #300, OVERLAND PARK, KS 66213-1136
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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