For Sale
Overland Park, KS
Commercial Real Estate Market Trends & Data
$227
Avg asking sale price
$21
Avg asking lease rate
13,393 SF
Avg unit lease size
20,437 SF
Avg building size for sale
6.99%
Average cap rate
Overland Park's Demographic Profile
Overland Park has 84,417 households and a median income of $94,966, providing context for rent absorption and tenant demand across retail and multifamily assets. A +4% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 203,889 |
| # Households | 84,417 |
| Median age | 40 |
| Median household income | $94,966 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 33,547 |
| 5-year population change | +4% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Overland Park, KS
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Overland Park | $192 | 27,807 SF | 8.18% |
| Leawood | $181 | 40,148 SF | 8.18% |
| Shawnee Mission | $175 | 30,620 SF | 8.18% |
| Lenexa | $173 | 29,654 SF | 7.47% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Overland Park | $259 | 17,959 SF |
| Leawood | $337 | 19,657 SF |
| Shawnee Mission | $247 | 17,921 SF |
| Prairie Village | $189 | 9,737 SF |
| Lenexa | $238 | 20,421 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Overland Park | $170 | 21,699 SF | 7.25% |
| Shawnee Mission | $162 | 20,417 SF | 7.25% |
| Lenexa | $165 | 43,983 SF | 7.71% |
| Olathe | $165 | 48,600 SF | 7.71% |
Commercial Properties For Sale in Overland Park
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Overland Park pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Overland Park | $227 | 20,437 SF |
| Leawood | $289 | 20,361 SF |
| Shawnee Mission | $203 | 26,929 SF |
| Prairie Village | $179 | 18,350 SF |
Regional Demographic Comparison
This comparison places Overland Park alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Overland Park or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Overland Park | 203,889 | 84,417 | 40 | $94,966 | 2 | 33,547 | 4% |
| Leawood | 34,234 | 12,870 | 47 | $166,315 | 3 | 1,643 | 3% |
| Shawnee Mission | 411,439 | 171,265 | 40 | $94,274 | 2 | 62,174 | 3% |
| Prairie Village | 23,860 | 10,272 | 41 | $96,750 | 2 | 2,489 | 4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Overland Park, KS and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Overland Park
View All Commercial Real Estate For Sale in Overland Park
Is Overland Park a good market for a first-time commercial real estate investor?
Overland Park offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Overland Park?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Overland Park. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Overland Park?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Overland Park. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Overland Park compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Overland Park. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Overland Park acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Overland Park, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Market Trends
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