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

    509 W Smith St Spring Hill, KS 66083

    Sponsored
    For Sale
    $299,950

    DUPLEX - Other - Spring Hill, KS

    Type:Townhouse
    Property size:
    1,120 SF
    Lot size:
    0.11 Acres
    Days on Market:
    20
    Last Refresh:
    Feb 26 at 6:06 pm

    Property Features for 509 W Smith St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Townhouse
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Bathroom 1, Laundry Room, Laundry Room, Bathroom 2, Bedroom 1, Dining Room, Basement, Bathroom 3, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2
    APN
    EP49000000-0002
    Parking features
    Garage
    Patio and Porch features
    Patio
    Basement
    Full, Concrete
    Size
    1,120 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    2025
    Flooring type
    Vinyl, Carpet
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Kim Nofsinger

    Keller Williams Realty Partners, Inc (913) 906-5400

    Listing agent Kim Nofsinger (913) 906-5400

    Listing date Feb 7, 2026

    MLS# 2568748 Listing URL

    Copyright © 2026 Heartland Multiple Listing Service. 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

    New Construction Duplex in Spring Hill

    This move-in ready, new construction duplex features a two-story plan with 2 bedrooms and 2.5 bathrooms. The kitchen is equipped with stainless steel appliances and granite countertops. The main floor offers an open layout with a wall of windows overlooking the backyard. The second level includes two bedrooms and two bathrooms. An unfinished lower level provides storage space or potential for expansion. The property is located in Spring Hill, Kansas, in Johnson County, and the lot size is 0.1102 acres. The property size is 1120 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Hill
    County
    Johnson
    State
    Kansas
    Longitude
    -94.83165462
    Latitude
    38.7466551

    Nearby Similar for Sale

    • $599,900
      0.22 Acres

      New Construction Duplex in Spring Hill

      New construction duplex with modern finishes, ready for quick close.
      509/511 W Smith St, Spring Hill, KS 66083
      View Details
    • $349,950
      Pending

      Spacious Two-Story Twin Home

      Move-in ready, four-bedroom home with potential for expansion.
      19719 W 195 Pl, Spring Hill, KS 66083
      View Details
    • $349,950
      Pending

      Spacious Two-Story Home in Spring

      Move-in ready, four-bedroom home with potential for expansion.
      19721 W 195 Pl, Spring Hill, KS 66083
      View Details
    • $335,000
      Pending

      Stylish Twin Emerald Duplex

      Split-level duplex with open floor plan and finished basement.
      19713 W 195 Pl, Spring Hill, KS 66083
      View Details
    • $324,950
      Pending

      Move-In Ready Twin Emerald Duplex

      Stylish duplex with open floor plan, finished basement, and modern features.
      19714 W 195 Pl, Spring Hill, KS 66083
      View Details
    • $325,000
      Pending

      Stylish Spring Hill Duplex

      Split-level duplex with open floor plan and finished basement.
      19716 W 195 Pl, Spring Hill, KS 66083
      View Details
    • $550,000
      0.22 Acres

      New Construction Duplex in Spring Hill

      New construction duplex with open plan and unfinished walkout basement.
      513/515 W Smith St, Spring Hill, KS 66083
      View Details
    • $140,000
      0.28 Acres

      Spring Hill Commercial Building For Sale

      Commercial building in fast-growing Spring Hill, Kansas.
      701 N Webster St, Spring Hill, KS 66083
      View Details
    • $279,500
      877 SF

      New Construction Half Duplex

      New construction duplex with potential for additional living space.
      513 W Smith St, Spring Hill, KS 66083
      View Details
    • $299,950
      1,120 SF

      New Construction Duplex in Spring Hill

      Move-in ready duplex with modern finishes and unfinished basement.
      511 W Smith St, Spring Hill, KS 66083
      View Details
    • $279,500
      877 SF

      New Construction Duplex in Spring Hill

      New construction half duplex with open floor plan and walkout.
      515 W Smith St, Spring Hill, KS 66083
      View Details
    • $240,000
      Pending

      Spacious Two-Story Home with Yard

      Inviting home with large backyard, close to schools.
      21680 S Main St, Spring Hill, KS 66083
      View Details

    FAQs

    What type of property is this?
    Single family property - Move-in ready, new construction duplex with modern finishes.
    Where is this single family property located?
    The property is located at 509 W Smith St Spring Hill, KS.
    What is the asking price?
    The asking price for this property is $299,950.
    What are key features of this property?
    This property features: - New construction (built in 2025) and move-in ready.; - Two-story plan with 2 bedrooms and 2.5 bathrooms.; - Kitchen features stainless steel appliances and granite countertops.
    (816) 820-1490
    Request Owner's contact information
    509 W Smith St Spring Hill, KS 66083
    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.
    509 W Smith St
    Spring Hill, KS 66083
    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
    509 W Smith St Spring Hill, KS 66083
    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
    Kim Nofsinger
    Real Estate License ID: SP00049676
    (816) 820-1490 (913) 906-5400
    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!