Technical
Financial
Distress signals
Property profile

16801 116th St Lenexa, KS 66219

OFF-MARKET
Warehouses
Property ID
US33-0812188
12,624 SF 1.01 ac lot Built 2004
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2004
Construction CONCRETE BLOCKS
Total area 12,624 SF
Lot 1.01 ac (43,996 SF)
APN IP63900000 0004B
UPID US33-0812188

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Supply Store
  • Financial Advisor Insurance Agency
  • Physician
  • Spa & Massage Center Alternative Medicine Practice
  • Electronics & Wireless Store

Location

16801 116th St Lenexa, KS 66219-9603
Lenexa metro Census 52910 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
$730k
Comparable Approach Comparable
$515k
Blend (final) Blend
$695k

Owner & transaction history

since 2020
2 recorded transactions
2021
Price N/A
2020
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.0M +197.2%
Auto repair, garage $960,000 +177.8%
Neighborhood: shopping center $850,000 +145.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 16801 116th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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