Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5701 Silverheel St Shawnee, KS 66226-3910
    Property profile & analytics

    5701 Silverheel St Shawnee, KS 66226-3910

    View on Map
    • Outlet malls
    • 152,886 SF
    • 20.36 lot acres
    Off-Market
    Property ID
    US33-0976070
    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
    $10,905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outlet malls

    Property Details for 5701 Silverheel St

    Year built
    2013
    Construction
    CONCRETE BLOCKS
    Lot size
    20.36 lot acres
    Property size
    152,886 SF
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    QP24440000 0007
    APU
    QP244400000007

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $8,910,000
      Market price range: $6.41M - $19.3M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $12,435,000
      Current use
      AUTO REPAIR, GARAGE
      $11,625,000
      Change: -7% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $10,290,000
      Change: -17% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8503
    Latitude
    39.025
    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
    $412,660
    $882,838
    $2,488,438
    $3,371,276
    -
    $3,531,350
    $9,953,750
    $13,485,100

    Comparable in this City

    • Value Estimation
      $870,000
      12,600 SF

      5431 Roberts St

      SHOPPING CENTER, STRIP CENTER • 12,600 SF
      5431 Roberts St, Shawnee, KS 66226-3937
      View Details
    • Value Estimation
      $595,000
      4,642 SF

      22220 Midland Dr

      REGIONAL SHOPPING CENTER, MALL • 4,642 SF
      22220 Midland Dr, Shawnee, KS 66226-3568
      View Details
    • Value Estimation
      $650,000
      10,186 SF

      22414 66th St

      SHOPPING CENTER, STRIP CENTER • 10,186 SF
      22414 66th St, Shawnee, KS 66226-3514
      View Details
    • Value Estimation
      $1,135,000
      12,025 SF

      22088 66th St

      SHOPPING CENTER, STRIP CENTER • 12,025 SF
      22088 66th St, Shawnee, KS 66226-3500
      View Details
    • Value Estimation
      $975,000
      16,974 SF

      5404 Roberts St

      SHOPPING CENTER, STRIP CENTER • 16,974 SF
      5404 Roberts St, Shawnee, KS 66226-3937
      View Details
    • Value Estimation
      $835,000
      11,416 SF

      22320 Midland Dr

      SHOPPING CENTER, STRIP CENTER • 11,416 SF
      22320 Midland Dr, Shawnee, KS 66226
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,000 SF

      Versatile Commercial Property with Redevelopment Potential

      Adaptable commercial space with high traffic and redevelopment possibilities.
      6801 Hedge Lane Ter, Shawnee, KS 66226
      View Details
    • Contact for pricing
      155 SF

      155 Acres Industrial Development Site

      155 acres of land suitable for industrial development.
      43Rd St, Shawnee, KS 66226
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      K-7 & Johnson Dr, Shawnee, KS 66226
      View Details
    • Contact for pricing

      Expansive Land Parcel Available

      Large agricultural land with anticipated industrial zoning.
      4511 43Rd St, Shawnee, KS 66226
      View Details
    • Contact for pricing

      Land Near K-7 Highway

      1.95 acres of land near K-7 Highway.
      K-7 Hwy & Shawnee Msn Pkwy, Shawnee, KS 66226
      View Details
    • Contact for pricing

      4.43 Acres Commercial Land

      4.43 acres of land near retail and schools.
      6603 Monticello Rd, Shawnee, KS 66226
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Shawnee Retail Space For Lease

      Retail spaces available for lease in Shawnee, Kansas.
      22046 W 66Th St, Shawnee, KS 66226
      View Details
    • Contact for pricing
      323,572 SF

      Spacious Class A Distribution Warehouse

      854,305 SF Class A warehouse with ample parking.
      24550 W 43Rd St, Shawnee, KS 66226
      View Details
    • Contact for pricing
      3,544 SF

      Shawnee Office Space Available

      Office space available for lease in Shawnee, Kansas.
      6828-6852 Silverheel St, Shawnee, KS 66226
      View Details
    • Contact for pricing
      2,417 SF

      Shawnee Office Space Available

      Office space for rent in Shawnee, Kansas.
      22320 Midland Dr, Shawnee, KS 66226
      View Details
    • Contact for pricing

      Westlink Industrial Park Opportunity

      Industrial and warehouse spaces available for lease in Shawnee, KS.
      Westlink Industrial Park, Shawnee, KS 66226
      View Details
    • Contact for pricing

      21911 W 66th St, Shawnee, KS 66226

      Office Units
      21911 W 66Th St, Shawnee, KS 66226
      View Details

    Property Visit Statistics

    • Visits by month
      171.8k
    • Visitors by month
      67.8k
    • Avg Time on site
      28 min
    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.
    5701 Silverheel St
    Shawnee, KS 66226-3910
    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

    Thank You for Inquiry
    5701 Silverheel St, Shawnee, KS, 66226
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!