11217 Lakeview AveLenexa, KS 66219

Property Details for 11217 Lakeview Ave

Year built

1996

Construction

CONCRETE

Lot size

4.02 AC

Property size (Sq ft)

36,288 SF

Zone code

BP2

Property type

Automotive properties

APN

IP69610002 0005

APU

IP696100020005

Description

This exceptional 36,288-square-foot office building, located at 11217 Lakeview Avenue in Lenexa, Kansas, presents a unique investment opportunity. The property is situated in Johnson County, offering convenient access to major transportation routes and amenities. Its versatile design caters to a variety of uses, making it ideal for traditional office spaces, medical practices, or flexible workspace configurations. Currently configured as a single-tenant occupancy, the building provides ample space for a growing business or a consolidation opportunity. The property's location in Lenexa, KS, zip code 66219, offers a thriving business environment and a strong local economy. The building's size and layout provide significant flexibility for future tenants or owners to customize the space to meet their specific needs. This is a rare opportunity to acquire a substantial and well-located office building in a highly desirable area of Johnson County. The property is available for both lease and sale, providing options to suit various investment strategies. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's coordinates are 38.9242455 latitude and -94.7689968 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $10,255,774

  6.5%

  $9,466,868

  7%

  $8,790,664

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,541,115

  Geo Method

  $6,541,115

• Alternative Use

  Use

  Valuation

  Residential

  $7,985,658

  Hospitality

  $7,314,820

  Educational

  $6,085,844

  Medical

  $6,295,146

  Retail

  $9,466,868

Location Insight

City

Lenexa

County

Johnson

State

Kansas

Latitude

38.9244

Longitude

-94.7691

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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