4750 135th St Leawood, KS 66224-8714
- Strip malls
- 4,980 SF
- 0.65 lot acres
Current Use by Public Records
- Strip malls
Property Details for 4750 135th St
- Year built
- 2012
- Construction
- FRAME
- Lot size
- 0.65 lot acres
- Property size
- 4,980 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- HP90620000 0013
- APU
- HP906200000013
Description
This exceptional 5,000 square foot storefront property, located at 4750 W 135th St in Overland Park, Kansas, presents a rare investment opportunity. Built in 2012, this single-story building sits on a 0.65-acre lot and is zoned MXD, offering significant flexibility for a variety of uses. Currently configured as a multi-tenant property with three units, the building offers immediate income potential. There is 3,750 square feet currently available for lease, providing an owner-user the opportunity to occupy a portion of the space while generating rental income from the remaining units. The asking price is $1,995,000, translating to $399 per square foot. This prime location on a major thoroughfare in Johnson County ensures high visibility and accessibility, making it an ideal investment for both owner-occupiers and investors seeking a value-add opportunity. The property's strong location and flexible zoning make it a compelling investment in a thriving Kansas City area market. This is a unique chance to acquire a well-maintained, established retail building with significant upside potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $555,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $665,000
- 6.5%
- $745,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $880,000
- Retail
- $780,000
- Mixed-Use
- $865,000
- Hospitality
- $830,000
- Educational
- $630,000
- Residential Income
- $775,000
- Energy
- $650,000
- Income-Based Land
- $885,000
- Food Service
- $730,000
Location Insight
- Map
- Local Demand
- City
- Leawood
- County
- Johnson
- State
- Kansas
- Longitude
- -94.6413
- Latitude
- 38.8842
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA