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Insulated Flex Space with Shop
For Sale
$299,995

111 N 5th, Leoti, KS 67861

Versatile commercial property combining insulated shop space, offices, storage, and covered circulation between the buildings.

Property SizeContact for details
Days on Market9

Property Features for 111 N 5th

General Information

Standard status Active
Property subtype Commercial Building

Amenities

Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Garage Type: Detached
Sale, Sale Type: Foreclosure
Basement Type: Partial, Unfinished
Property Zone Type: 100, Corner Lot
Handicap Features
Water Source: Municipal
Patio, Covered Porch

Building Details

Year Renovated 2018
Listing Agency: Red Cedar Land Company
Listed By: Brandon Luebbers
Source: Doyle-realty
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 24 at 10:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Cedar Land Company

Investment Insights

Based on property information with market context.

This flex property at 111 N 5th in Leoti, Kansas, combines a 2,800-square-foot insulated shop with adjoining office accommodations. The shop uses a heavy-duty triple 2x8 wood frame, includes two automatic 16-foot overhead doors, and has airline piping throughout. Office improvements include a small kitchenette, bathroom, and loft storage.

A 12' x 40' breezeway connects the shop and office, with an additional 8' x 40' awning providing covered access. The property received plumbing and electrical updates in 2018, along with a new roof over the office and breezeway. Three mini-split systems are installed. The gas meter has been removed, while existing gas-line plumbing remains in place for a future hookup. A rock driveway with an underlying weed barrier serves the property.

Key Highlights

  • 2,800‑square‑foot insulated shop with triple 2x8 wood framing
  • Two automatic 16‑foot overhead doors and airline piping throughout the shop
  • Office includes kitchenette, bathroom, and loft storage

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Pharmacy Law Firm Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
Well-served
Demand for This Use

Demographics for 67861, KS

1,875
Population
894
Households
2.1
Avg Household Size
39
Median Age
19%
College-Educated
87%
High-School Grad
576.6 sq mi
ZIP Area
3
Density / Sq Mi
$72,372
Median Household Income
$44,018
Median Earnings
$743
Median Rent
$96,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial property combining insulated shop space, offices, storage, and covered circulation between the buildings.
Where is this flex space located?
The property is located at 111 N 5th Leoti, KS.
What is the asking price?
The asking price for this property is $299,995.
What are key features of this property?
This property features: 2,800‑square‑foot insulated shop with triple 2x8 wood framing; Two automatic 16‑foot overhead doors and airline piping throughout the shop; Office includes kitchenette, bathroom, and loft storage
More about this property
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