5729 Nieman RdShawnee, KS 66203

Property Details for 5729 Nieman Rd

Year built

1958

Construction

CONCRETE BLOCKS

Lot size

0.25 AC

Property size (Sq ft)

2,072 SF

Zone code

CBD

Property type

Office properties

APN

QP65000013 0013

APU

QP650000130013

Description

This exceptional 6,380-square-foot warehouse, located at 5729 Nieman Rd in Johnson County, presents a compelling investment opportunity. Built in 1958 and situated in a CBD zoning district, this single-tenant property boasts significant operational advantages. The warehouse features three convenient drive-in doors, facilitating efficient loading and unloading of goods. Ample parking is provided with 20 spaces available on-site. The property benefits from a recently installed metal roof (2020), minimizing maintenance concerns and ensuring long-term durability. The property's APN is QP65000013-0013. This location offers excellent accessibility and visibility, making it ideal for a variety of industrial uses. Furthermore, its location within a Qualified Opportunity Zone presents attractive tax advantages for eligible investors. The property's robust infrastructure and strategic location combine to create a compelling investment prospect with strong potential for return. This warehouse is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained industrial property in a prime Johnson County location. The property's single-tenant occupancy simplifies management and provides a stable income stream. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $388,392

  6.5%

  $358,516

  7%

  $332,908

• Comparable approach

  Method

  Valuation

  Relative Method

  $148,210

  Geo Method

  $148,210

• Alternative Use

  Use

  Valuation

  Residential

  $444,560

  Hospitality

  $407,214

  Educational

  $338,797

  Medical

  $350,449

  Retail

  $527,018

Location Insight

City

Shawnee

County

Johnson

State

Kansas

Latitude

39.0241

Longitude

-94.7143

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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