Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    132 W 9Th St Hays, KS 67601

    View on Map
    Sponsored
    For Sale
    $170,000

    Office - Hays, KS

    Type:Office
    Days on Market:
    1
    Last Refresh:
    Mar 11 at 9:06 pm

    Property Features for 132 W 9Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    C-3
    Parking features
    Off Street, On Street

    Utilities

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

    Building Details

    Year built
    1974
    Building materials
    Stucco
    Roof type
    Rubber
    Architectural style
    Other

    We can help!

    Listing Contact
    Brent Hines

    Bel Air Realty (785) 628-3234

    Listing agent Brent Hines (785) 628-3234 License #00230741

    Listing date Mar 11, 2026

    MLS# 205608 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

    Hays Office with Meeting Room

    Located in Hays, Kansas, the property at 132 West 9th Street offers office space that has been home to a well-established business for many years. The building features two large offices, a large waiting room, and a basement with a large meeting room. A small patio is located on the east side of the building. The property includes a private parking space at the rear of the building. Ample parking is available on West 9th Street. The property is zoned C-3 and is being sold in As-Is condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    456 BG Association Or Organization

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hays
    County
    Ellis
    State
    Kansas
    Longitude
    -99.330544
    Latitude
    38.870771

    Nearby Similar for Sale

    • $365,000

      Remodeled Office Building on Main

      Commercial building with remodeled interior, natural light, and ample parking.
      1400 Main St, Hays, KS 67601
      View Details
    • $599,000

      Hays Commercial Property For Sale

      Flexible commercial property with high ceilings and ample parking.
      1017 E 13Th St, Hays, KS 67601
      View Details
    • $2,450,000
      2.00 Acres

      Prime Location in Hays, Kansas

      Excellent location with easy access to I-70 and local consumers.
      4240 Vine St, Hays, KS 67601
      View Details
    • New
      Contact for pricing

      Hays Warehouse with High Walls

      Rare warehouse space in Hays with semi access.
      2733 Augusta Ln, Hays, KS 67601
      View Details
    • New
      Contact for pricing
      3,250 SF

      Hays Warehouse with Shop Space

      Warehouse with office, storage, bathroom, and large shop space.
      1303 Golden Belt Dr, Hays, KS 67601
      View Details
    • $210,000

      Remodeled Retail Space in Hays

      Versatile remodeled retail space suitable for various business ventures.
      3003 Hall St, Hays, KS 67601
      View Details
    • $289,000
      7,200 SF

      Hays Warehouse and Storage Space

      Flexible warehouse space suitable for business, storage, or investment.
      1206 Vine St, Hays, KS 67601
      View Details
    • Contact for pricing

      Garden Level Offices on Vine

      Garden level offices for lease in prime Hays location.
      2501 Vine St, Hays, KS 67601
      View Details
    • $340,000
      0.23 Acres

      Hays Duplex on Corner Lot

      Updated duplex with fenced yard and attached garages in Hays.
      123 W 36Th St, Hays, KS 67601
      View Details
    • $790,000

      Hays, KS Investment Opportunity

      Property with office spaces, shop, bays, parking, and house.
      1327 Rome Rd, Hays, KS 67601
      View Details
    • $599,000
      11,049 SF

      Hays, KS Auto Shop - $599,000

      11,049 SF Auto Shop, Vacant, High Potential
      1017 13Th St, Hays, KS 67601
      View Details
    • $425,000

      Updated Office Space on Pine

      Prime office space with updated interiors and high traffic exposure.
      1301 Pine St, Hays, KS 67601
      View Details

    FAQs

    What type of property is this?
    Office building - Office space with waiting room, meeting room, and parking.
    Where is this office building located?
    The property is located at 132 W 9Th St Hays, KS.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: - Prime office space location on West 9th Street in Hays.; - Includes two large offices, a large waiting room, and a large basement meeting room.; - Enjoy the convenience of a private parking space at the rear of the building.
    (785) 628-3234
    Request Owner's contact information
    132 W 9Th St Hays, KS 67601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    132 W 9Th St
    Hays, KS 67601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    132 W 9Th St Hays, KS 67601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brent Hines
    Real Estate License ID: 00230741
    (785) 628-3234
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!