Technical
Financial
Distress signals
Property profile

5435 Merriam Dr Shawnee, KS 66203

OFF-MARKET
Warehouses
Property ID
US33-0338336
3,600 SF 0.37 ac lot Built 1981
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,600-square-foot commercial property, located at 5435 Merriam Drive in Merriam, Kansas (zip code 66203), presents a unique opportunity for a single tenant. Situated in Johnson County, this property seamlessly blends executive office space with warehouse functionality. The building offers a total of 3,600 square feet, currently entirely vacant and ready for immediate occupancy. The space features convenient access with three drive-in doors and one dock-high door, ideal for efficient loading and unloading of goods. The property's classification as both office and industrial makes it suitable for a diverse range of businesses requiring both administrative space and warehouse storage. Its location in Shawnee, Kansas offers easy access to major transportation routes, ensuring convenient commutes for employees and efficient logistics for businesses. The property is available for lease and represents a compelling investment opportunity for businesses seeking a versatile and well-equipped space in a prime location. The property is a single-tenant building, providing privacy and control over the entire space. This is a rare opportunity to secure a fully functional and conveniently located commercial property in the thriving Johnson County market. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1981
Construction FRAME
Total area 3,600 SF
Lot 0.37 ac (15,988 SF)
Zoning code I1
APN JF241201-4053
UPID US33-0338336

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5435 Merriam Dr Shawnee, KS 66203-2141
Shawnee metro Census 52201 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Zoning & alternative use

I1 · Shawnee, KS

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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