Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    23730 83rd Ter Shawnee, KS 66227

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    23730 83rd Ter Shawnee, KS 66227

    View on Map
    • Warehouses
    • 10,112 SF
    • 1.20 lot acres
    Off-Market
    Last Sale Apr 28, 2022
    Property ID
    US33-0552621
    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
    $555,000
    Show details
    Cap Rate Potential
    7.3%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 23730 83rd Ter

    Year built
    2007
    Construction
    FRAME
    Lot size
    1.20 lot acres
    Property size
    10,112 SF
    Zone code
    PI
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    QP53110000 0001
    APU
    QP531100000001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $520,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $635,000
      6.5%
      $585,000
      7%
      $545,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8613
    Latitude
    38.9774
    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
    $32,943
    $39,080
    $261,420
    $300,500
    -
    $156,320
    $1,045,680
    $1,202,000

    Comparable in this City

    • Value Estimation
      $10,480,000
      99,600 SF

      23504 86th St

      MINI-WAREHOUSE, STORAGE • 99,600 SF
      23504 86th St, Shawnee, KS 66227-3298
      View Details
    • Value Estimation by Request
      4,282 SF

      8245 Cole Pkwy

      MINI-WAREHOUSE, STORAGE • 4,282 SF
      8245 Cole Pkwy, Lenexa, KS 66227-2716
      View Details
    • Value Estimation
      $640,000
      10,000 SF

      8117 Cole Pkwy

      MINI-WAREHOUSE, STORAGE • 10,000 SF
      8117 Cole Pkwy, Shawnee, KS 66227-2714
      View Details
    • Value Estimation by Request
      981 SF

      7702 Mdw Vw Dr, Unit 105

      MINI-WAREHOUSE, STORAGE • 981 SF
      7702 Mdw Vw Dr, Shawnee, KS 66227-3054
      View Details
    • Value Estimation by Request
      981 SF

      7702 Mdw Vw Dr, Unit 106

      MINI-WAREHOUSE, STORAGE • 981 SF
      7702 Mdw Vw Dr, Shawnee, KS 66227-3054
      View Details
    • Value Estimation
      $665,000
      12,718 SF

      7804 Mdw Vw Dr

      MINI-WAREHOUSE, STORAGE • 12,718 SF
      7804 Mdw Vw Dr, Shawnee, KS 66227-3025
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      129,700 SF

      Lenexa Warehouse with Trailer Parking

      129,700 SF warehouse on 11.54 acres with ample parking.
      7910 Hedge Lane Ter, Lenexa, KS 66227
      View Details
    • Contact for pricing

      Available Land Near New Development

      4 acres of commercial land near Panasonic development.
      24701 Prairie Star Pkwy, Lenexa, KS 66227
      View Details
    • Contact for pricing

      Prime Land on 83rd Street

      Land with high traffic, ideal for retail or restaurant.
      22900 W 83Rd St, Lenexa, KS 66227
      View Details
    • $250,000
      3.50 Acres

      Lenexa Land for Residential Development

      3.5 acres of land for residential development in Lenexa, Kansas.
      91 Ter, Lenexa, KS 66227
      View Details
    • $615,000
      4.80 Acres

      Residential Land in Shawnee, Kansas

      Residential land suitable for building row houses in Shawnee.
      75 NE K7 Hwy, Shawnee, KS 66227
      View Details
    • $523,902
      2,125 SF

      New Construction Twin Villas Duplex

      New construction duplex in Lenexa, est. completion May 2026.
      9852 W Greeley St, Lenexa, KS 66227
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Lenexa Warehouse and Office Space

      Warehouse and office spaces available in Johnson County location.
      22105 W 83Rd St, Lenexa, KS 66227
      View Details
    • $17 SF/Yr
      15,000 SF

      Shawnee, KS Industrial Warehouse

      15,000 SF Warehouse, New Construction
      23810 83 Ter, Shawnee, KS 66227
      View Details
    • Contact for pricing
      2,250 SF

      Lenexa Flex / Industrial Space

      High-quality flex and industrial space in Johnson County.
      14631-14651 W 95Th Ln, Lenexa, KS 66227
      View Details
    • $8 SF/Yr

      Flex/Industrial Space in Johnson County

      48,246 +/- SF flex/industrial space available for lease.
      8450 Cole Pkwy, Shawnee, KS 66227
      View Details
    • $8 SF/Yr
      48,246 SF

      Lenexa Flex/Industrial Space Available

      48,246 SF Flex/Industrial space in Johnson County.
      8450 Cole Pkwy, Lenexa, KS 66227
      View Details
    • Contact for pricing
      4,268 SF

      Lenexa Flex Space Available

      Flex space with office and convenient highway access for lease.
      14839 W 95Th Ln, Lenexa, KS 66227
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23730 83rd Ter
    Shawnee, KS 66227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!