Shawnee Mission, KS
Commercial Real Estate Market Trends & Data

$194 Avg asking sale price
$1,356 Avg asking lease rate
14,925 SF Avg unit lease size
28,965 SF Avg building size for sale
7.02% Average cap rate

Shawnee Mission's Demographic Profile

Shawnee Mission has 171,265 households and a median income of $94,274, providing context for rent absorption and tenant demand across retail and multifamily assets. A +3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 411,439
# Households 171,265
Median age 40
Median household income $94,274
Avg household size 2.0
Renter-occupied housing units 62,174
5-year population change +3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Shawnee Mission, KS

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Shawnee Mission $183 28,618 SF 8.18%
Lenexa $264 27,965 SF 8.00%
Shawnee $240 31,558 SF 8.00%
Overland Park $199 24,676 SF 8.18%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Shawnee Mission $122 49,524 SF 6.66%
Lenexa $132 42,068 SF 6.50%
Overland Park $120 38,218 SF 6.66%
Nearby Retail Markets Avg Cost/SF Typical Size
Shawnee Mission $230 15,633 SF
Lenexa $278 19,792 SF
Shawnee $260 19,337 SF
Overland Park $208 17,892 SF
Merriam $131 15,305 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Shawnee Mission $154 33,831 SF 8.78%
Lenexa $197 87,198 SF 7.71%
Overland Park $171 50,914 SF 7.25%
Olathe $197 111,115 SF 7.71%

Commercial Properties For Sale in Shawnee Mission

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Pearl Street Multifamily Portfolio

Kansas City, KS

  • 6.19% Cap Rate
  • $775,000
For Sale

Sonic Drive-In | Shawnee, KS

Shawnee, KS 66227

  • 1,573 SF Retail Building
  • 6.00% Cap Rate
  • $1,021,467
For Sale

10841 W 87th St

Overland Park, KS 66214

  • 5,000 SF Office Building
  • 7.47% Cap Rate
  • $499,000
For Sale

Oakbrook Plaza | Overland Park, KS

Overland Park, KS 66204

  • 22,020 SF Retail Building
  • 7.25% Cap Rate
  • $5,105,000
For Sale

Lindenwood Business Park Bldg B

Olathe, KS 66062

  • 18,750 SF Industrial Building
  • $3,515,503
For Sale

Roanoke Parkway Place

Kansas City, MO 64111

  • 1,270 SF Office Building
  • $550,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Shawnee Mission pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Shawnee Mission $194 28,965 SF
Lenexa $218 29,809 SF
Shawnee $174 31,248 SF
Overland Park $199 26,818 SF
Merriam $118 23,334 SF

Multifamily Properties For Sale in Shawnee Mission

For Sale

The 4700

Kansas City, MO 64112

  • 33,474 SF Multifamily
  • 6.82% Cap Rate
  • $5,000,000
For Sale

4245-4247 Harrison St

Kansas City, MO 64110

  • 13,840 SF Multifamily
  • $1,350,000
For Sale

4141 Pennsylvania Ave

Kansas City, MO 64111

  • 63,270 SF Multifamily
  • Price Upon Request
For Sale

333 W Meyer Blvd

Kansas City, MO 64113

  • 130,000 SF Multifamily
  • $145,000

Regional Demographic Comparison

This comparison places Shawnee Mission 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 Shawnee Mission or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Shawnee Mission 411,439 171,265 40 $94,274 2 62,174 3%
Lenexa 59,657 24,923 40 $97,624 2 10,774 4%
Shawnee 67,985 25,956 40 $93,365 3 7,216 3%
Overland Park 203,889 84,417 40 $94,966 2 33,547 4%
Merriam 11,003 5,085 40 $65,352 2 2,217 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Shawnee Mission, 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 Shawnee Mission

View All Commercial Real Estate For Sale in Shawnee Mission
Is Shawnee Mission a good market for a first-time commercial real estate investor?

Shawnee Mission 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 Shawnee Mission?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Shawnee Mission. 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 Shawnee Mission?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Shawnee Mission. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Shawnee Mission compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Shawnee Mission. 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 Shawnee Mission acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Shawnee Mission, 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.

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