7500 160Th StOverland Park, KS 66223

  • Office properties
  • 25,256 SF
For Lease
$24.50/SF/YR View listing

Property Details for 7500 160Th St

Year built
2001
Construction
CONCRETE
Lot size
1.92 AC
Property size (Sq ft)
25,256 SF
Zone code
BP
Property type
Office properties
APN
NP04250000 0001
APU
NP042500000001

Description

This exceptional two-story office building, totaling 25,000 square feet, presents a unique opportunity in South Johnson County. Built in 2001, the property boasts 13,972 square feet of immediately available space, perfect for a variety of professional or medical users. Three individual suites are currently available, ranging from 1,716 to 6,435 square feet, offering flexibility for businesses of varying sizes. The building features Class A office finishes and a strong tenant improvement package, ensuring a move-in ready experience. Its convenient location provides excellent access to Highway 69, placing tenants within easy reach of major transportation routes. The property's proximity to Advent Health and numerous other medical facilities makes it an ideal location for healthcare-related businesses. Furthermore, its adjacency to the Bluhawk Retail/Entertainment Development offers employees and clients a wealth of nearby amenities. The building sits on 1.92 acres of land and includes 90 parking spaces, providing a generous parking ratio of 3.56 spaces per 1,000 square feet. The property is zoned BP (Business Park District) and offers a full-service lease rate of $24.50 per square foot. This is a rare opportunity to secure high-quality office space in a thriving and desirable location. The property's features, combined with its strategic location, make it an exceptional investment for discerning businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,949,198
    6.5%
    $4,568,490
    7%
    $4,242,169
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,806,562
    Geo Method
    $1,806,562
  • Alternative Use

    Use
    Valuation
    Residential
    $5,664,928
    Hospitality
    $5,189,043
    Educational
    $4,317,223
    Medical
    $4,465,699
    Retail
    $6,715,680

Location Insight

City
Stilwell
County
Johnson
State
Kansas
Latitude
38.8383
Longitude
-94.6736
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
$95,510
$63,170
$837,080
$900,250
-
$252,680
$3,348,320
$3,601,000

FAQs

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