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    Retail Space For Sale Title is generated by Realmo AI

    12650 198th St, Linwood, KS 66052

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    Retail space available, 10,566 SqFt, 6.25% CAP Rate.

    Type:Retail
    Property size:
    10,566 SF
    Price / SF:
    $140/SF
    Added:
    Mar 16, 2026
    Days on Market:
    112
    Last Refresh:
    Mar 19 at 11:39 pm

    Property Features for 12650 198th St

    General Information

    Standard status
    Active
    Size
    10,566 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2021

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    Brian Brockman
    Brian Brockman

    Listing office Bang Realty

    Listing date Mar 16, 2026

    Source Crexi

    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 Bang Realty

    HighLights

    • 6.25% CAP Rate
    • 10,566 SqFt Retail Space
    • Built in 2021
    • Retail Property

    Overview

    This retail space offers 10,566 square feet of area. The property is being offered for sale and has a capitalization rate of 6.25%.

    Local Financial Insights For Retail

    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 $152.2k $14.40
    − Vacancy −$6.2k −$0.59
    EGI $145.9k $13.81
    − OpEx −$43.8k −$4.14
    NOI $102.1k $9.67
    10,566 SF · lease $14.40/SF/yr · vacancy 4.10% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.46M
    $1.28M – $1.70M (±1% cap)
    NOI $102,139 @ 7.0% cap · market cap 6.87%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office B
    $2.08M
    $1.82M – $2.42M (±1% cap)
    NOI $145,494 @ 7.0% cap · market cap 9.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store Western Union Bank

    Suggested Use

    Department Store HVAC Service Furniture & Home Goods Grocery & Convenience Store Computer & Electronic Repair Tech Support Center Restaurant Restaurant Auto Repair Shop Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Linwood
    County
    Leavenworth
    State
    Kansas
    Longitude
    -95.041695
    Latitude
    39.010848

    FAQs

    What type of property is this?
    Retail space - Retail space available, 10,566 SqFt, 6.25% CAP Rate.
    Where is this retail space located?
    The property is located at 12650 198th St Linwood, KS.
    What is the asking price?
    The asking price for this property is $1,487,808.
    What are key features of this property?
    This property features: 6.25% CAP Rate; 10,566 SqFt Retail Space; Built in 2021
    (888) 737-2264 Call to check price and availability
    More about this property
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