Equipped Transmission Auto
2333 Skyvue Ln, Manhattan, KS 66502
For Sale
$750,000
Includes a transmission business, specialty equipment, inventory, and dedicated office areas.
Property Size4,000 SF
Price / SF$187.50
Days on Market104
Property Features for 2333 Skyvue Ln
General Information
Standard status
Size
Additional Details
Business Included
Service Bays
Taxes and HOA fees
Annual Taxes
Amenities
climate controlled shop
LED lighting
loft storage areas
reception lobby
office
break room
restrooms
updated windows
shed
Building Details
Buildings
Listing Agency:
Kansas Best LLC
(785) 263-7332
Listed By:
Thomas Greening
(785) 556-3599
Source:
Exprealty
Added: Jul 30
Changed: Nov 8
Last Checked: Nov 8 at 10:13AM
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 Kansas Best LLC
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Investment Insights
Based on property information with market context.
Located in Manhattan, Kansas, this offering combines an established transmission business with its 4000 sq ft. building and operating equipment. The climate-controlled shop has central heat and air, two lifts, a drive-over pit, an industrial air compressor, LED lighting, two loft storage areas, and a 27x16 shed. Included equipment includes specialty tools, a hot water-based cleaning tank, flywheel turning machine, steel work benches, shelving, storage bins, and inventory.
The building also provides a reception lobby, office, break room, and two restrooms. Updated windows support the office area, while the central heat and air system is appx. 2 yrs old. The business has operated for 42 years, and the offering includes the business name, customer base, building, shop improvements, equipment, specialty tools, and inventory.
The building also provides a reception lobby, office, break room, and two restrooms. Updated windows support the office area, while the central heat and air system is appx. 2 yrs old. The business has operated for 42 years, and the offering includes the business name, customer base, building, shop improvements, equipment, specialty tools, and inventory.
Key Highlights
- Established 42‑year transmission business in Manhattan, Kansas
- 4000 sq ft. building with a 27x16 shed
- Climate‑controlled shop with central heat and air appx. 2 yrs old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,956
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,120
$799.1K
Cap Rate 7%
$570,800
$570.8K
Cap Rate 9%
$443,956
$444.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$59.5K $14.88/SF
− Vacancy
−$2.4K −$0.61/SF
EGI
$57.1K $14.27/SF
− OpEx
−$17.1K −$4.28/SF
NOI
$40.0K $9.99/SF
Area
Riley County, KS
Vacancy
4.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,120
Cap Rate 7%
$570,800
Cap Rate 9%
$443,956
Alternative Uses
Best Use
Retail
$570.8K
$499.5K – $665.9K
NOI $39,956 @ 7.0% cap · market cap 5.33%
Second Best
Industrial
$229.3K
$200.7K – $267.6K
NOI $16,054 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$915.4K
$801.0K – $1.07M
NOI $64,077 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 66502, KS
44,384
Population
20,700
Households
2.1
Avg Household Size
28
Median Age
46%
College-Educated
95%
High-School Grad
221.7 sq mi
ZIP Area
200
Density / Sq Mi
$52,363
Median Household Income
$22,091
Median Earnings
$953
Median Rent
$217,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
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- Stagg Hill Transmissions — 2333 Skyvue Ln, Manhattan, KS 66502
- Rose Muffler House — 2329 Skyvue Ln, Manhattan, KS 66502
- Briggs Buick GMC Service Center — 2312 Stagg Hill Rd, Manhattan, KS 66502
Frequently Asked Questions
What type of property is this?
Auto shop - Includes a transmission business, specialty equipment, inventory, and dedicated office areas.
Where is this auto shop located?
The property is located at 2333 Skyvue Ln Manhattan, KS.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Established 42‑year transmission business in Manhattan, Kansas; 4000 sq ft. building with a 27x16 shed; Climate‑controlled shop with central heat and air appx. 2 yrs old
