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

    136 East Park Street Gardner, KS 66030

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $400,000

    Warehouse suitable for various business opportunities in central Gardner.

    Type:IND, IND-AUTO, IND-WHSE
    Added:
    Jul 17, 2024
    Days on Market:
    632
    Last Refresh:
    Apr 3 at 5:03 am

    Property Features for 136 East Park Street

    General Information

    Standard status
    Active
    Property subtype
    IND, IND-AUTO, IND-WHSE

    We can help!

    Listing Contact
    Griffin Johns

    Listing agent Griffin Johns

    Listing office KW Commercial | Overland Park

    Listing date Jul 17, 2024

    Source Realnex

    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 KW Commercial | Overland Park

    Overview

    Versatile Warehouse in Central Gardner

    This warehouse property presents opportunities for various business ventures. The building is well-insulated and equipped with existing gas and electricity connections. Water and sewer lines are located nearby for hookup. The property features two drive-in doors and ample parking on three sides of the building. Situated close to the center of Gardner, it is suitable for a range of industries.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • Potito Self Storage Unit — 111 N Elm St, Gardner, KS 66030

    Location Insight

    • Map
    • Local Demand
    City
    Gardner
    County
    Johnson
    State
    Kansas
    Longitude
    -94.929596
    Latitude
    38.81034

    Nearby Similar for Sale

    • $724,000

      Commercial Property in Growing Gardner

      Versatile commercial property with ample parking and storage in Gardner.
      260 N Moonlight Road, Gardner, KS 66030
      View Details
    • $2,800,000

      Commercial Opportunity in Growing Community

      Former healthcare facility with expansion potential in Gardner, Kansas.
      18320 S Center Street, Gardner, KS 66030
      View Details
    • $360,000
      1,949 SF

      Turn-Key Home in Gardner

      Modern home with 3 bedrooms, 2.5 baths, and 2-car garage.
      16485 Blair Street, Gardner, KS 66030
      View Details
    • $265,000
      1,931 SF

      Gardner Duplex with Recent Updates

      Well-maintained duplex with newer roof, windows, and HVAC.
      962 E Wildcat Run Street, Gardner, KS 66030
      View Details
    • $337,000
      1,804 SF

      Duplex in Gardner, Kansas

      Well-maintained duplex with updated finishes and low-maintenance yard.
      28339 W 164th Street, Gardner, KS 66030
      View Details
    • $2,800,000
      9,945 SF

      Former Healthcare Facility in Gardner

      High-visibility commercial property with expansion potential in growing Kansas City metro.
      18320 S Center Street, Gardner, KS 66030
      View Details
    • Contact for pricing
      12,034 SF

      Industrial Space Near I-35

      Industrial space with drive-in loading door, near I-35.
      801-813 E Warren St, Gardner, KS 66030
      View Details
    • Contact for pricing
      24,500 SF

      Industrial Space Near I-35

      Industrial space with dock and drive-in loading door near I-35.
      821-851 E Warren St, Gardner, KS 66030
      View Details
    • $4,390,000
      5,967 SF

      Gardner, KS NNN Property

      NNN property in Gardner, KS with absolute net lease.
      694 E Main St, Gardner, KS 66030
      View Details
    • $5,350,000

      Special Purpose Property For Sale

      Special purpose commercial property available for purchase.
      18711 S Gardner Rd, Gardner, KS 66030
      View Details
    • Contact for pricing
      68,063 SF

      Warehouse Space in New Century

      68,063 SF warehouse space available for lease.
      16335 John Glenn Pkwy , New Century, KS
      View Details
    • Contact for pricing
      356,200 SF

      New Century Warehouse For Sale

      356,200+/- SF spec building in New Century, Kansas.
      159th St & John Glenn Pkwy, New Century, KS
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse suitable for various business opportunities in central Gardner.
    Where is this warehouse located?
    The property is located at 136 East Park Street Gardner, KS.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Opportunity for multiple business opportunities.; Close proximity to the heart of Gardner.; Plenty of parking on three sides of the building.
    (913) 271-2062
    We can help!
    Listing Contact
    Griffin Johns
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!