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    19919 Shawnee Msn Pkwy Shawnee, KS 66218-9792
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    Property profile & analytics

    19919 Shawnee Msn Pkwy Shawnee, KS 66218-9792

    View on Map
    • Manufacturing properties
    • 107,804 SF
    • 5.05 lot acres
    Off-Market
    Property ID
    US33-0288556
    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.
    Value Estimations
    $1,555,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 19919 Shawnee Msn Pkwy

    Year built
    1974
    Construction
    FRAME
    Lot size
    5.05 lot acres
    Property size
    107,804 SF
    Zone code
    PI
    Property type
    Manufacturing properties
    APN
    QF231214-3032
    APU
    QF2312143032

    Description

    This exceptional 96,000-square-foot industrial property, located at 19919 Shawnee Mission Parkway in Shawnee, Kansas, presents a significant opportunity for a single tenant. Situated in Johnson County, this building offers a versatile space ideal for manufacturing or warehousing operations. The property boasts a substantial footprint, with ample room for various industrial uses. Ceiling heights range from 18 to 22 feet, providing generous vertical clearance for equipment and storage. Eight dock-high doors ensure efficient loading and unloading, streamlining operations. The building is fully vacant and ready for immediate occupancy. Power is robust, featuring heavy power capabilities of 2000 amps at 480/277 volts, suitable for energy-intensive processes. The property's prime location in Shawnee, Kansas, offers easy access to major transportation routes, enhancing logistics and distribution capabilities. The address is 19919 Shawnee Mission Pkwy, Shawnee, KS 66218. This is a single-tenant property, providing exclusive use of the entire facility. This presents a unique chance to secure a substantial, well-equipped industrial space in a desirable location. The property is ready for immediate occupancy. Contact us today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,180,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,932,000
      Market price range: $1.93M - $9.22M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8168
    Latitude
    39.0079
    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
    $48,901
    $60,800
    $315,428
    $376,228
    -
    $243,200
    $1,261,710
    $1,504,910

    Comparable in this City

    • Value Estimation
      $625,000
      22,201 SF

      20203 55th St

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 22,201 SF
      20203 55th St, Shawnee, KS 66218
      View Details
    • Value Estimation by Request
      7,604 SF

      6861 Martindale Rd

      HEAVY MANUFACTURING • 7,604 SF
      6861 Martindale Rd, Shawnee, KS 66218-9354
      View Details
    • Value Estimation
      $595,000
      16,225 SF

      6873 Martindale Rd

      HEAVY MANUFACTURING • 16,225 SF
      6873 Martindale Rd, Shawnee, KS 66218-9354
      View Details
    • Value Estimation by Request
      0.59 Acres

      20201 55th St

      MILL (FEED, GRAIN, LUMBER, TEXTILE) • 0.59 Acres
      20201 55th St, Shawnee, KS 66218-9372
      View Details
    • Value Estimation by Request
      1.50 Acres

      Shawnee, KS 66218

      HEAVY MANUFACTURING • 1.50 Acres
      Shawnee, KS 66218
      View Details
    • Value Estimation
      $1,000,000
      33,200 SF

      6790 Martindale Rd

      HEAVY MANUFACTURING • 33,200 SF
      6790 Martindale Rd, Shawnee, KS 66218-9640
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available for sale.
      Johnson Dr & Barker Rd, Shawnee, KS 66218
      View Details
    • $750,000
      10.00 Acres

      Shawnee Land Near Highway

      10-acre land parcel near highway, shopping, dining, and recreation.
      5810 Locust St, Shawnee, KS 66218
      View Details
    • $800,000
      5.00 Acres

      Shawnee Land for Custom Home

      Five-acre lot ideal for building a custom dream home.
      5750 Locust St, Shawnee, KS 66218
      View Details
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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