22105 83 Ter Lenexa, KS 66227
- Warehouses
- 30,000 SF
- 2.38 lot acres
Current Use by Public Records
- Warehouses
Property Details for 22105 83 Ter
- Year built
- 2002
- Construction
- FRAME
- Lot size
- 2.38 lot acres
- Property size
- 30,000 SF
- Zone code
- CH
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- QP14100000 0002
- APU
- QP141000000002
Description
This Lenexa, Kansas industrial property, located at 22105 W 83rd St, zip code 66227, offers 6,400 square feet of immediately available flex space within a larger 30,000 square foot complex. The property consists of three single-story buildings built in 2002, situated on 2.38 acres of land. Units feature 14-foot ceilings and are zoned CH. The property boasts ample parking with 64 spaces, and Building 1 includes a drive-in loading dock. The minimum divisible space is 1,500 square feet, with a maximum contiguous space of 3,400 square feet. The property offers the option to lease office space or warehouse space separately. The location provides excellent highway access and is in the highly desirable Johnson County. Updated interiors and competitive pricing make this an attractive opportunity. While Buildings 2 and 3 are fully leased, this presents a chance to secure space in a well-maintained and established complex. The property also includes approximately 25,000 square feet of paved outdoor storage behind Building 1.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $835,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,095,000
- 6.5%
- $1,105,000
- 7%
- $1,105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,140,000
- Geo Method
- $1,050,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,070,000
- Retail
- $960,000
- Mixed-Use
- $1,275,000
- Hospitality
- $1,025,000
- Educational
- $995,000
- Residential Income
- $980,000
- Energy
- $1,025,000
- Income-Based Land
- $1,115,000
- Food Service
- $1,080,000
Location Insight
- Map
- Local Demand
- City
- Shawnee
- County
- Johnson
- State
- Kansas
- Longitude
- -94.8419
- Latitude
- 38.9775
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
