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Property profile & analytics
OFF-MARKET
Strip malls

5725 Nieman Rd Shawnee, KS 66203-2864

9,852 SF 0.56 ac lot Built 1976
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US33-0777760
Property summary
AI-generated overview

This exceptional 9,852 square foot single-tenant office building, located at 5725 Nieman Rd in Shawnee, Kansas, presents a compelling investment opportunity. Built in 1976 and situated on a spacious lot, this two-story building boasts 40 convenient parking spaces. The property features two drive-in door bays on the lower level, ideal for loading and unloading. A full kitchen is included, adding to the building's functionality. Security is enhanced with keycard access doors. Significant improvements were made in 2019, encompassing a major remodel that included new HVAC, electrical, and plumbing systems. Further enhancing its value, the roof was resealed in 2024, complete with a 10-year warranty. The property is located in a Qualified Opportunity Zone, offering potential tax advantages for investors. The property's Johnson County location, with a Shawnee, KS address and zip code 66203, provides easy access to major transportation routes and amenities. This well-maintained and updated building is perfect for a variety of office uses. The APN is QP65000013-0004.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1976
Construction CONCRETE BLOCKS
Total area 9,852 SF
Lot 0.56 ac (24,300 SF)
Zoning code CBD
APN QP65000013 0004
UPID US33-0777760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nieman Holdings LLC · 9 yrs held
Nieman Holdings LLC
since 2017
3 recorded transactions
2018
Price N/A
2017
Price N/A
2006
Price N/A
Zoning & alternative use
CBD · Shawnee, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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