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    1215 Oak St La Crosse, KS 67548

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    Sponsored
    For Sale
    $1,499,999

    Warehouse - LaCrosse, KS

    Type:Warehouse
    Property size:
    57,750 SF
    Lot size:
    14.90 Acres
    Days on Market:
    135
    Last Refresh:
    Mar 15 at 10:06 am

    Property Features for 1215 Oak St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Standard status
    Active
    Zoning
    I-1
    Parking features
    Off Street, Paved or Surfaced
    Size
    57,750 SF
    Lot size
    14.90 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1984
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Downing
    Michael Downing

    Re/Max Pro (785) 639-6395

    Listing agent Michael Downing (785) 639-6395 License #00233269

    Listing date Nov 1, 2025

    MLS# 204730 Listing URL

    Copyright © 2026 Western Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    LaCrosse Warehouse and Manufacturing Facility

    This commercial property is located in LaCrosse, Kansas, with access to Highway 183 and proximity to I-70. The location near the center of the U.S. provides access to North America. The campus includes a 57,750 sq ft main plant consisting of a manufacturing area with 16' sidewalls, 2,500 sq ft of office space, and a warehouse/distribution area. Additional buildings include a 12,500 sq ft wood mill with 14' sidewalls and a 25,000 sq ft warehouse with 12' sidewalls. There is approximately 10,000 sq ft of paved off-street parking. The campus totals 14.9 acres. The original plant was constructed in 1973 with an expansion in 1984. The mill was constructed in 1994, and the warehouse in 2011. There is possible rail access to the site. Two local trucking companies provide logistical support. The community offers medical services and has access to a local airport and regional services in Hays and Great Bend. The property is zoned I-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LaCrosse Furniture Co. Production Facility

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lacrosse Storage Center, MB Storage Units, Midland Marketing Co-Op Inc

    Location Insight

    • Map
    • Local Demand
    City
    La Crosse
    County
    Rush
    State
    Kansas
    Longitude
    -99.313375
    Latitude
    38.536496

    Nearby Similar for Sale

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      Sixteen-spot RV park with income potential in LaCrosse, Kansas.
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    FAQs

    What type of property is this?
    Warehouse - Commercial property with manufacturing, warehouse, and distribution capabilities.
    Where is this warehouse located?
    The property is located at 1215 Oak St La Crosse, KS.
    What is the asking price?
    The asking price for this property is $1,499,999.
    What are key features of this property?
    This property features: - Excellent access to Highway 183 and close to I-70, a central U.S. location ideal for North American distribution.; - Large 14.9 acre campus with multiple buildings for manufacturing, warehousing, and office space including a 57,750 sq ft main plant, 12,500 sq ft wood mill, and 25,000 sq ft warehouse.; - Modern 25,000 sq ft warehouse constructed in 2011.
    (785) 249-2134
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    1215 Oak St La Crosse, KS 67548
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1215 Oak St La Crosse, KS 67548
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    We can help!
    Listing Contact
    Michael Downing
    Michael Downing
    Real Estate License ID: 00233269
    (785) 249-2134 (785) 639-6395 (785) 621-5401
    Learn more
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