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New Haysville Flex Space Building
For Sale
$2,000,000

140 Cain Dr, Haysville, KS 67060

Modern 22,000 SF flex space in thriving Haysville.

Property Size22,000 SF
Price / SF$90.91
Days on Market223

Property Features for 140 Cain Dr

General Information

Standard status Active
Size 22,000 SF
Property subtype Industrial

Building Details

Building Size 22,000 SF
Year Built 2024
Listing Agency: NAI Martens
Listed By: Brogan Klein · License #00250956
Source: Naimartens
Added: Mar 6 Changed: Oct 13 Last Checked: Oct 14 at 8:29PM

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 NAI Martens

Investment Insights

Based on property information with market context.

Located in Haysville, minutes south of Wichita, this 22,000 square foot building was constructed in 2024. Zoned F, the property is suited for industrial or self-storage utilization. It features 16 units, each ranging from 1,000 to 1,500 square feet. The property offers visibility and access from key transportation routes, providing a solution for users seeking efficient space with optional customization.

Key Highlights

  • New construction: State‑of‑the‑art 22,000 SF building completed in 2024.
  • Zoned F, suitable for industrial or self‑storage.
  • Located in Haysville, minutes south of Wichita, offering strong visibility and access.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$136,963
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,739,260 $2.7M
Cap Rate 7%
$1,956,614 $2.0M
Cap Rate 9%
$1,521,811 $1.5M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$171.6K $7.80/SF
− Vacancy
−$10.5K −$0.48/SF
EGI
$161.1K $7.32/SF
− OpEx
−$24.2K −$1.10/SF
NOI
$137.0K $6.23/SF
Area
Sedgwick County, KS
Vacancy
6.10%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,739,260
Cap Rate 7%
$1,956,614
Cap Rate 9%
$1,521,811

Alternative Uses

Best Use
Self Storage
$2.70M
$2.36M – $3.15M (±1% cap)
NOI $189,050 @ 7.0% cap · market cap 9.45%
Second Best
Warehouse
$1.96M
$1.71M – $2.28M (±1% cap)
NOI $136,963 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$4.59M
$4.01M – $5.35M (±1% cap)
NOI $320,979 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Big Box & Wholesale Store Spa & Massage Center

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

184
Businesses Nearby
Under-served
Demand for This Use

Demographics for 67060, KS

13,860
Population
5,459
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
93%
High-School Grad
28.0 sq mi
ZIP Area
495
Density / Sq Mi
$74,911
Median Household Income
$44,337
Median Earnings
$965
Median Rent
$165,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Modern 22,000 SF flex space in thriving Haysville.
Where is this flex space located?
The property is located at 140 Cain Dr Haysville, KS.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: New construction: State‑of‑the‑art 22,000 SF building completed in 2024.; Zoned F, suitable for industrial or self‑storage.; Located in Haysville, minutes south of Wichita, offering strong visibility and access.
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