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    Property profile & analytics

    8208 Melrose Dr Lenexa, KS 66214-1626

    • Office Properties & Spaces
    • 34,054 SF
    • 2.78 lot acres
    OFF-MARKET
    Value Estimation
    $1,055,000
    Location Intelligence
    Property ID
    US33-0415961
    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.

    Current Use by Public Records

    • Account Data Staffing Inc / Employment Agency
    • Qc Holdings Inc / Loan Agency

    Property Details for 8208 Melrose Dr

    Year built
    1984
    Construction
    CONCRETE
    Lot size
    2.78 lot acres
    Property size
    34,054 SF
    Zone code
    BP1
    Property type
    Office Properties & Spaces
    APN
    IP60500000 0015
    APU
    IP605000000015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $975,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,395,000
      6.5%
      $1,455,000
      7%
      $1,310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,435,000
      Geo Method
      $1,510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,515,000
      Retail
      $1,575,000
      Mixed-Use
      $1,250,000
      Hospitality
      $1,370,000
      Educational
      $1,315,000
      Residential Income
      $1,225,000
      Energy
      $1,445,000
      Income-Based Land
      $1,335,000
      Food Service
      $1,400,000

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7096
    Latitude
    38.9789
    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
    $106,811
    $107,750
    $819,250
    $927,000
    -
    $431,000
    $3,277,000
    $3,708,000

    Comparable in this City

    • Value Estimation by Request
      28,481 SF

      8551 Bluejacket St

      Office Properties & Spaces • 28,481 SF
      8551 Bluejacket St, Lenexa, KS 66214
      View Details
    • Value Estimation by Request
      14,150 SF

      11524 95th St

      CONDOMINIUM OFFICES • 14,150 SF
      11524 95th St, Overland Park, KS 66214-1865
      View Details
    • Value Estimation by Request
      4,784 SF

      8745 Ballentine St

      OFFICE (GENERAL) • 4,784 SF
      8745 Ballentine St, Overland Park, KS 66214-1910
      View Details
    • Value Estimation by Request
      28,210 SF

      8400-8428 Melrose Dr

      Industrial properties • 28,210 SF
      8400-8428 Melrose Dr, Overland Park, KS 66214
      View Details
    • Value Estimation by Request
      32,229 SF

      10453-10513 84Th Ter

      Distribution properties • 32,229 SF
      10453-10513 84Th Ter, Lenexa, KS 66214
      View Details
    • Value Estimation by Request
      1.24 Acres

      95th Rd

      Land • 6,200 SF
      95th Rd, Overland Park, KS 66214
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      28,481 SF

      Interstate Business Park Office Suite

      Executive Office Space: 4,686 sq ft available.
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      View Details
    • $22 SF/Yr
      68,917 SF

      Four Pine Ridge Plaza Office Space

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    • $7 SF/Yr
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      Prime Johnson County Office/Warehouse

      4,896 SF Executive Office/Warehouse Space Available
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    • $168 SF/Yr
      4,200 SF

      Overland Park Medical Office Space

      Single-tenant office, excellent location
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    • $26 SF/Yr
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      Overland Park Office Space Available

      Office space available for lease in Overland Park, Kansas.
      8550 Marshall Dr, Overland Park, KS 66214
      View Details
    • $250 SF/Yr
      100 SF

      Overland Park Office Suites Available

      Office suites with shared kitchen and fiber internet access.
      11100 W 91St St, Overland Park, KS 66214
      View Details
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    8208 Melrose Dr
    Lenexa, KS 66214-1626
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    Realmo Value Estimation

    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.

    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.

    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
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