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    600 N Maple Street Garnett, KS 66032

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    Claim this Listing
    For Sale
    $325,000

    SINGLE_FAMILY - Garnett, KS

    Type:Retail
    Lot size:
    0.73 Acres
    Added:
    Oct 27, 2025
    Days on Market:
    175
    Last Refresh:
    Apr 19 at 1:06 pm

    Property Features for 600 N Maple Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    B1
    Parking features
    Parking Lot
    Interior features
    Storage, Public Restroom
    Exterior features
    Pole Sign
    Standard status
    Active
    APN
    094-19-0-30-04-011.00-0
    Lot size
    0.73 Acres

    Taxes and HOA fees

    Tax Description
    Beginning 253' North of the Southwest corner of Section 19, East 195', North 165', West 190', South 15', West 5', South 150' to POB, Maplewood Addition, Section 19, Township 20, Range 20.
    Tax Annual Amount
    10519

    Utilities

    Utilities
    Water Available

    Building Details

    Year built
    1983
    Floors in Building
    1
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Beth Mersman
    Beth Mersman

    Listing agent Beth Mersman License #BR00052084

    Listing office The Kansas Property Place 501 E 4th Ave, Garnett, KS

    Listing date Oct 27, 2025

    MLS# 2584054

    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.

    Overview

    Garnett Commercial Opportunity on Highway

    This commercial property presents an amazing business opportunity with a prime US Highway location, offering possibilities for various types of businesses. Previously used as a grocery store and most recently as a vintage market, the property includes an office area that was rented out for $400 per month, with the tenant covering their own utilities. The property features a new rubber coating on the roof with a 10-year warranty. A newer paved parking lot with a widened driveway was completed in July 2023. Inside, there are two half baths and a wash tub area. The property is equipped with three central heat and air units. A security system and office furniture are included. The lot size is 0.73 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prairie Home Market (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Similar Places Nearby

    • Garnett Flowers & Gifts — 316 S Maple St, Garnett, KS 66032

    Location Insight

    • Map
    • Local Demand
    City
    Garnett
    County
    Anderson
    State
    Kansas
    Longitude
    -95.2489955
    Latitude
    38.2891322

    Nearby Similar for Sale

    • $235,000

      Garnett Commercial Property on 5.8 Acres

      11,584 sqft commercial property on 5.8 acres near Highway 169.
      1108 E 4th Terrace, Garnett, KS 66032
      View Details
    • $137,500

      Garnett Multifamily Investment Opportunity

      Multifamily property in good condition, fully rented, near downtown amenities.
      124 W 3rd Avenue, Garnett, KS 66032
      View Details
    • $105,000

      Garnett Office Building For Sale

      1200 Sq. Ft. office building in Garnett, Kansas.
      213 S Maple Street, Garnett, KS 66032
      View Details
    • $399,000

      Profitable Car Wash Business Opportunity

      Well-maintained car wash business with self-service and automatic bays.
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    FAQs

    What type of property is this?
    Storefront property - Prime highway location suitable for various business ventures.
    Where is this storefront property located?
    The property is located at 600 N Maple Street Garnett, KS.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Prime US Hwy location offering high visibility and accessibility.; Newer paved parking lot with widened driveway (July 2023).; New rubber coating on roof with a 10‑year warranty.
    (785) 448-7500
    We can help!
    Listing Contact
    Beth Mersman
    Beth Mersman
    Real Estate License ID: BR00052084
    Learn More
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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
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