12205 Shawnee Mission PkwyShawnee, KS 66216

Property Details for 12205 Shawnee Mission Pkwy

Year built

1988

Construction

FRAME

Lot size

0.10 AC

Property size (Sq ft)

4,500 SF

Zone code

CN

Property type

Strip malls

Property subtype

Neighborhood centers

APN

QP00850000 0U01

APU

QP008500000U01

Description

This exceptional investment opportunity presents a meticulously maintained liquor store and building, ideally situated on the highly visible Shawnee Mission Parkway in Shawnee, Kansas. The property boasts 4,697 square feet of retail space, offering an owner/user the chance to acquire both the thriving business and the real estate. The building is comprised of an upstairs retail condo, allowing for efficient management and cost-effectiveness by only maintaining the utilized space. Financial performance data, including sales figures, is available upon request, providing potential buyers with a comprehensive understanding of the business's profitability. A recent appraisal conducted in October 2023 provides further validation of the property's value. This turnkey operation is perfect for an entrepreneur seeking a well-established business with significant growth potential. The property's prime location ensures high visibility and consistent customer traffic, contributing to its strong financial performance. The asking price for this combined real estate and business opportunity is $925,000. Don't miss this chance to own a successful, established business in a desirable Kansas location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,239,968

  6.5%

  $1,144,586

  7%

  $1,062,830

• Comparable approach

  Method

  Valuation

  Relative Method

  $811,150

  Geo Method

  $811,150

• Alternative Use

  Use

  Valuation

  Residential

  $965,501

  Hospitality

  $884,394

  Educational

  $735,805

  Medical

  $761,111

  Retail

  $1,144,586

Location Insight

City

Shawnee

County

Johnson

State

Kansas

Latitude

39.0142

Longitude

-94.7277

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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