Haysville Office/Warehouse Property for
For Sale
Contact for pricing
Pending
1939 E Diedrich Ave, Haysville, KS 67060
Versatile 7,000 SF office/warehouse on 0.65 acres.
Property Size7,000 SF
Lot Size0.65 Acres
Days on Market147
Property Features for 1939 E Diedrich Ave
General Information
Standard status
Pending
Size
7,000 SF
Class
A
Lot size
0.65 Acres
Property subtype
Industrial, Mixed Use
Zoning
Limited Industrial
Building Details
Year Built
2004
Stories
2
Listing Agency:
Landmark Commercial Real Estate
(316) 262-2442
Listed By:
Andrea Ray · License #00248575
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 8 at 10:54AM
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 Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This versatile office/warehouse property provides approximately 7,000 square feet of space on 0.65 acres, situated within Haysville’s established industrial corridor. The building features a functional layout that includes 4,500 square feet of warehouse space and 2,500 square feet of office space. The warehouse area is equipped with two 16-foot drive-thru overhead doors, a 21-foot clear ceiling height, and three-phase power at 800 amps. Multiple HVAC and heating systems serve the warehouse, making it suitable for contractors, service users, light manufacturing, or distribution purposes. The office area includes a kitchenette and restroom, offering flexibility for customization.
Key Highlights
- 4,500 SF of warehouse space with two 16’ drive‑thru overhead doors
- 21’ clear ceiling height in warehouse**
- Three‑phase power (800 amp)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,579
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$871,580
$871.6K
Cap Rate 7%
$622,557
$622.6K
Cap Rate 9%
$484,211
$484.2K
Market Conditions
NOI Build-Up for 7,000 SF
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.
Gross rent
$54.6K $7.80/SF
− Vacancy
−$3.3K −$0.48/SF
EGI
$51.3K $7.32/SF
− OpEx
−$7.7K −$1.10/SF
NOI
$43.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$871,580
Cap Rate 7%
$622,557
Cap Rate 9%
$484,211
Alternative Uses
Best Use
Warehouse
$622.6K
$544.7K – $726.3K
NOI $43,579 @ 7.0% cap · market cap 7.92%
Second Best
Flex RnD
$607.9K
$531.9K – $709.2K
NOI $42,554 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,130 @ 7.0% cap · market cap 18.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
209
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
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 - Versatile 7,000 SF office/warehouse on 0.65 acres.
Where is this flex space located?
The property is located at 1939 E Diedrich Ave Haysville, KS.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,500 SF of warehouse space with **two 16’ drive‑thru overhead doors**; 21’ clear ceiling height in warehouse**; Three‑phase power (800 amp)
