10900 86Th StLenexa, KS 66214

  • Office properties
  • 28,450 SF
For Lease

Property Details for 10900 86Th St

Year built
1980
Construction
CONCRETE BLOCKS
Lot size
2.32 AC
Property size (Sq ft)
28,450 SF
Zone code
CP2
Property type
Office properties
APN
IF241226-4024
APU
IF2412264024

Description

This exceptional executive office building, totaling 28,430 square feet, is situated at 10900 W. 86th Street in Lenexa, Kansas, within the desirable Johnson County submarket. The entire building is currently available for lease, presenting a unique opportunity for a single tenant seeking a substantial and prestigious office space. The property is classified as an Executive Office building and offers multiple tenancy options, allowing for flexibility in layout and configuration to suit diverse business needs. Located in the Interstate Business Park, this property benefits from excellent visibility and accessibility. The address is conveniently located in Lenexa, Kansas, zip code 66214, providing easy access to major transportation routes and amenities. The building's size, at 28,430 square feet, offers ample space for a large organization or multiple smaller businesses. This is a turnkey opportunity to establish a significant presence in a thriving Johnson County business community. The property's location in Johnson County, Kansas, offers access to a robust workforce and a strong local economy. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy. This is a rare opportunity to secure a substantial, high-quality office space in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,575,098
    6.5%
    $5,146,244
    7%
    $4,778,655
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,035,028
    Geo Method
    $2,035,028
  • Alternative Use

    Use
    Valuation
    Residential
    $6,381,342
    Hospitality
    $5,845,276
    Educational
    $4,863,200
    Medical
    $5,030,454
    Retail
    $7,564,978
10900 86Th St, Lenexa, Kansas

Location Insight

City
Lenexa
County
Johnson
State
Kansas
Latitude
38.9742
Longitude
-94.7125
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
$94,868
$164,468
$652,283
$816,751
-
$657,870
$2,609,130
$3,267,000

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