7601 Metcalf AveOverland Park, KS 66204

Property Details for 7601 Metcalf Ave

Year built

1967

Construction

CONCRETE BLOCKS

Lot size

1.25 AC

Property size (Sq ft)

1,650 SF

Property type

Automotive properties

APN

NP57950000 0002

APU

NP579500000002

Description

This exceptional investment opportunity in Overland Park, Kansas, presents two free-standing buildings situated on a sizable 0.83-acre lot. The property is located at 7601 Metcalf Avenue, zip code 66204, within Johnson County. One building, formerly a leasing office, measures 1,650 square feet and is known as "Autostart." The second building, a former detail shop, was constructed in 1968 and has a total square footage that requires verification by the buyer. The combined square footage of both buildings totals 3162 square feet. The property was originally built in 1967 and is a single-story structure. The asking price for this prime retail location is $950,000. A significant advantage is the potential for drive-through approval from the City of Overland Park on the south and east sides of the Autostart building, offering considerable expansion and operational flexibility for a variety of retail uses. This presents a rare chance to acquire a well-positioned property with substantial upside potential in a thriving Kansas market. Buyer is responsible for verifying all square footage information.

• CAP approach

  CAP return

  Valuation

  6%

  $459,702

  6.5%

  $424,340

  7%

  $394,030

• Comparable approach

  Method

  Valuation

  Relative Method

  $297,422

  Geo Method

  $297,422

• Alternative Use

  Use

  Valuation

  Residential

  $357,947

  Hospitality

  $327,877

  Educational

  $272,790

  Medical

  $282,172

  Retail

  $424,340

Location Insight

City

Overland Park

County

Johnson

State

Kansas

Latitude

38.991

Longitude

-94.667

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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