Industrial

11217 Lakeview Ave

11217 lakeview ave, lenexa, KS 66219

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$8.00/SF

Mid

$10.00/SF

High

$12.00/SF

Tier Used

tax_cap_reverse

Estimated from market cap rate (6.5%), property tax rate (0.01%), and wage-adjusted baseline.

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$10.00/SF	—	tax_cap_reverse
Utilities	—	14.7¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1385/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
BLS QCEW	wage_index	—	—	quarterly	—

Data sources used

market_reportsproperty_taxwage_index

Description

11217 Lakeview Ave Flex Industrial space in shell condition

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

11217 lakeview ave, lenexa, KS 66219

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Kansas City industrial market showed a 7.4% vacancy rate, average asking rents near $5.57/SF/yr, and rents up 5.2% year over year. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$5.57–$5.64/SF/yr

Estimated sale value

$57–$71/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 6.5%, asking rent trend-adjusted to today).

View the full Kansas City Industrial market report →

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other industrial listings for sale in Lenexa, KS to benchmark pricing and space — view the full market.