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    Property profile & analytics

    16825 116 St Lenexa, KS 66219

    • Office Properties & Spaces
    • 19,553 SF
    • 3.17 lot acres
    For Lease
    View listing
    $18 SF/Yr
    Value Estimation
    $830,000
    Location Intelligence
    Property ID
    US33-0529153
    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 16825 116 St

    Year built
    2001
    Construction
    CONCRETE
    Lot size
    3.17 lot acres
    Property size
    19,553 SF
    Zone code
    BP1
    Property type
    Office Properties & Spaces
    APN
    IP63900000 0004A
    APU
    IP639000000004A

    Description

    This exceptional 7,000-square-foot flex space, located at 16825 W 116th St in Lenexa, Kansas, 66219, presents a unique opportunity for businesses seeking versatile office and industrial space. Built in 2001, the Renner Business Center offers a completely vacant, single-tenant occupancy option. The property boasts a flexible layout ideal for a variety of uses, catering to both office and industrial needs. The building's total square footage is 7,000 square feet, all of which is currently available for lease. Ample parking is provided with a ratio of six spaces per 1,000 square feet. This prime location in Lenexa, Kansas offers easy access to major transportation routes, making it an attractive option for businesses seeking convenient commutes and efficient logistics. The property is classified as both office and industrial, providing a unique blend of functionality and adaptability. The building's modern design and spacious layout offer a comfortable and productive work environment. This is an excellent opportunity to secure a substantial and versatile space in a thriving Kansas City suburb. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,220,000
      6.5%
      $1,145,000
      7%
      $1,110,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,200,000
      Geo Method
      $995,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $975,000
      Retail
      $1,130,000
      Mixed-Use
      $1,105,000
      Hospitality
      $1,030,000
      Educational
      $1,190,000
      Residential Income
      $1,165,000
      Energy
      $1,020,000
      Income-Based Land
      $940,000
      Food Service
      $945,000

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7815
    Latitude
    38.9171
    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
    $65,712
    $118,730
    $384,520
    $503,250
    -
    $474,920
    $1,538,080
    $2,013,000

    Comparable in this City

    • Value Estimation by Request
      236,434 SF

      8900 Renner Blvd

      OFFICE (GENERAL) • 236,434 SF
      8900 Renner Blvd, Lenexa, KS 66219-3049
      View Details
    • Value Estimation by Request
      24,050 SF

      87 87Th St

      Office space • 24,050 SF
      87 87Th St, Lenexa, KS 66219
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    • Value Estimation by Request
      19,380 SF

      8800 Renner Blvd

      Office Properties & Spaces • 19,380 SF
      8800 Renner Blvd, Lenexa, KS 66219
      View Details
    • Value Estimation by Request
      12,725 SF

      15423 100Th Ter

      Distribution properties • 12,725 SF
      15423 100Th Ter, Lenexa, KS 66219
      View Details
    • Value Estimation by Request
      56,347 SF

      17101 87th St, Unit 101

      CONDOMINIUM OFFICES • 56,347 SF
      17101 87th St, Lenexa, KS 66219-9720
      View Details
    • Value Estimation by Request
      131,149 SF

      16105 113th St

      OFFICE (GENERAL) • 131,149 SF
      16105 113th St, Lenexa, KS 66219-2305
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1 SF

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    • $2,400,000
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      Legler Road Flex Space - Lenexa, KS

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      Lenexa, KS Commercial Property

      36,000 SF Build-to-Suit Opportunity
      0 88 & Renner Blvd, Lenexa, KS 66219
      View Details
    • $2,500,000
      9.62 Acres

      Lenexa Commercial Land - 9.62 Acres

      Prime Lenexa land, I-435 access.
      9300 Loiret Blvd, Lenexa, KS 66219
      View Details
    • $1,449,459
      64,480 SF

      Lenexa Flex Building - Investment Opportunity

      64,480 SF Flex Building in Lenexa, KS
      17002 College Blvd, Lenexa, KS 66219
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    • $1,502,820
      72,000 SF

      Lenexa Logistics Centre South

      72,000 SF Flex Industrial Building
      11300 Britton St, Lenexa, KS 66219
      View Details

    Similar Nearby for Lease

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      106,899 SF

      Lakeview Ave Office Space for Lease

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      200,000 SF

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      Prime Lenexa Office/Retail Opportunity
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      View Details
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      24,050 SF

      Lenexa Executive Office Space

      Prime Lenexa location, 24,050 sqft available.
      0 87 & Renner Blvd, Lenexa, KS 66219
      View Details
    • $16 SF/Yr

      Lenexa Office Space Available

      Two office spaces available for lease in Lenexa, Kansas.
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    • $16 SF/Yr
      16,962 SF

      Lenexa Office Space For Rent

      Centrally located office spaces with flexible floor plans available.
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      View Details
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    16825 116 St
    Lenexa, KS 66219
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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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