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

    2601 Central Ave Dodge City, KS 67801

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    261,093 SF regional mall in Dodge City, Kansas.

    Type:Retail
    Property size:
    261,093 SF
    Added:
    Mar 6, 2026
    Days on Market:
    27
    Last Refresh:
    Mar 26 at 9:50 pm

    Property Features for 2601 Central Ave

    General Information

    Standard status
    Active
    Size
    261,093 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1968

    We can help!

    Listing Contact
    Chris Kinnard
    Chris Kinnard

    Listing agent Chris Kinnard

    Listing office

    Listing date Mar 6, 2026

    Source Lee-associates

    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 Chris Kinnard

    Overview

    Regional Mall in Dodge City

    The Village Square Mall, a 261,093 square-foot county seat regional mall, is located in Dodge City, Kansas. Situated within the retail hub of Dodge City, the property benefits from a strategic location in a bustling commercial district. Nearby points of interest include the United Wireless Arena, Boot Hill Casino & Resort, and the historic Front Street. This property presents an investment opportunity for retail and regional mall investors.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    • Coin Cloud Bitcoin ATM — 2601 Central Ave STE #35, Dodge City, KS 67801
    • Frontview Plaza — E Frontview St, Dodge City, KS 67801
    • Coin Cloud Bitcoin ATM — 1800 Central Ave, Dodge City, KS 67801

    Location Insight

    • Map
    • Local Demand
    City
    Dodge City
    County
    Ford
    State
    Kansas
    Longitude
    -100.016
    Latitude
    37.78

    Nearby Similar for Sale

    • $899,000

      Turnkey Restaurant on Wyatt Earp

      Fully equipped restaurant with drive-through and ample parking.
      1209 W Wyatt Earp Boulevard, Dodge City, KS 67801
      View Details
    • $999,950

      Dodge City Warehouse/Office Investment

      Over 29,000 sq ft warehouse/office spaces with built-in income.
      1302 Rath Avenue, Dodge City, KS 67801
      View Details
    • $375,000

      Retail Space in Downtown Dodge

      3,300 SF retail space in historic downtown Dodge City.
      306 Gunsmoke Street, Dodge City, KS 67801
      View Details
    • Contact for pricing

      Versatile Commercial Property in Dodge City

      Two buildings on 0.89 acres, suitable for various commercial uses.
      403 S 2nd Ave., Dodge City, KS 67801
      View Details
    • Contact for pricing

      Dodge City Commercial Property Auction

      Commercial property in Dodge City, Kansas, offered at online auction.
      412 S 2nd Ave., Dodge City, KS 67801
      View Details
    • $375,000

      Retail Space in Downtown Dodge

      3,300 SF retail space in renovated historic district.
      308 Gunsmoke Street, Dodge City, KS 67801
      View Details
    • $400,000
      12,240 SF

      Dodge City Warehouse Opportunity

      12,240 SF warehouse with highway access in Dodge City.
      102 Pearl St, Dodge City, KS 67801
      View Details
    • $400,000
      12,240 SF

      Dodge City Warehouse For Sale

      12,240 SF warehouse with highway access in Dodge City.
      Dodge City, KS 67801
      View Details
    • $199,900

      Dodge City Trailer Park

      Income-producing trailer park with included trailers in Dodge City, Kansas.
      700 Johnson Avenue, Dodge City, KS 67801
      View Details
    • Contact for pricing

      Versatile Commercial Property in Dodge City

      Large commercial building on a 1.98-acre lot in Dodge City.
      404 S 2nd Ave., Dodge City, KS 67801
      View Details
    • $750,000

      Spacious Medical Facility in Dodge

      Move-in ready medical facility with finished basement and ample space.
      100 W Ross Boulevard unit: #2-A, Dodge City, KS 67801
      View Details
    • $400,000
      12,240 SF

      Dodge City Industrial Warehouse

      12,240 SF warehouse with highway access in Dodge City.
      102 Pearl St, Dodge City, KS 67801
      View Details

    FAQs

    What type of property is this?
    Shopping center - 261,093 SF regional mall in Dodge City, Kansas.
    Where is this shopping center located?
    The property is located at 2601 Central Ave Dodge City, KS.
    What are key features of this property?
    This property features: 261,093 square‑foot regional mall; Located in Dodge City, Kansas; Strategic location within a vibrant retail hub
    (513) 387-0056
    We can help!
    Listing Contact
    Chris Kinnard
    Chris Kinnard
    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!