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11301 W 53rd St N, Maize, KS, 67101
Garage Condo Flex Unit

11301 W 53rd St N Maize, KS 67101

For Sale
$149,900

Spacious garage condo with high ceilings and oversized garage doors, sized for flexible storage or workshop use.

Property Size1,250 SF
Price / SF$119.92
Days on Market360

Property Features for 11301 W 53rd St N

General Information

Standard status
Active
Size
1,250 SF
Listing Agency: High Point Realty, LLC
Listed By: Tori Harp
Source: Exprealty
Added: Aug 1, 2025 Changed: Jul 23 Last Checked: Jul 25 at 5:30PM

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 High Point Realty, LLC


Investment Insights

Based on property information with market context.

This garage condo flex unit offers a large open layout designed for flexible use, with high ceilings and oversized garage doors. The space is sized at approximately 1,250 square feet (25 by 500), providing substantial room to organize equipment and storage within a private garage-condo format.

Located at 11301 W 53rd St N in Maize, Kansas, the property is presented for sale.

The configuration is straightforward: a long, wide garage-style interior suited to tenants or owners who need a versatile space for storage and work activities.

Key Highlights

  • Spacious 1,250 SF garage condo sized 25 ft x 500 ft
  • High ceilings throughout
  • Oversized garage doors for easy access and larger storage/workshop setups

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $9.8k $7.80
− Vacancy −$595 −$0.48
EGI $9.2k $7.32
− OpEx −$1.4k −$1.10
NOI $7.8k $6.23
1,250 SF · lease $7.80/SF/yr · vacancy 6.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$111.2K
$97.3K – $129.7K (±1% cap)
NOI $7,782 @ 7.0% cap · market cap 5.19%
Second Best
Flex RnD
$108.6K
$95.0K – $126.7K (±1% cap)
NOI $7,599 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$260.5K
$228.0K – $304.0K (±1% cap)
NOI $18,237 @ 7.0% cap · market cap 12.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Building Supply Big Box & Wholesale Store Law Firm Pharmacy Plumbing Service Auto Repair Shop Hair Salon Skin Care Clinic Gym & Fitness Center Veterinary Clinic

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

FAQs

What type of property is this?
Flex space - Spacious garage condo with high ceilings and oversized garage doors, sized for flexible storage or workshop use.
Where is this flex space located?
The property is located at 11301 W 53rd St N Maize, KS.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Spacious 1,250 SF garage condo sized 25 ft x 500 ft; High ceilings throughout; Oversized garage doors for easy access and larger storage/workshop setups
More about this property
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