Multi-Suite Mixed-Use
For Sale
Contact for pricing
306 Baptiste Drive, Paola, KS 66071
Four adjoining suites offer a finished office configuration alongside spaces suited to tenant customization.
Property Size5,720 SF
Price / SF$1.13
Days on Market22
Property Features for 306 Baptiste Drive
General Information
Standard status
Active
Size
5,720 SF
Property subtype
Retail
Building Details
Year Built
2003
Listing Agency:
Crown Realty
(913) 592-2222
Listed By:
Katie Casey · License #2008004727
(913) 742-2173
Source:
Legendaryapartmentbrokers
Added: Oct 8
Changed: Oct 28
Last Checked: Oct 28 at 4:54PM
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 Crown Realty
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Investment Insights
Based on property information with market context.
At 306 Baptiste Drive in Paola, this 2003 mixed-use property contains four adjoining suites totaling 5,720 square feet, with each suite measuring approximately 1,430 square feet. Suites 102 and 103 are combined as a finished office, with seven private offices, two conference rooms, a reception area, kitchenette and two bathrooms. Suite 104 is largely open, with a bathroom framed in; Suite 101 is mostly unfinished and has a designated bathroom area.
Available configurations include Suite 104 on its own, Suites 102 and 103 together, Suites 102 through 104 combined, or all four suites. Suite 101 is offered only with the full 5,720-square-foot premises. Suite 104 is available immediately, Suites 102 and 103 become available January 1, 2027, and timing for Suite 101 is negotiable. Parking is available on site.
Available configurations include Suite 104 on its own, Suites 102 and 103 together, Suites 102 through 104 combined, or all four suites. Suite 101 is offered only with the full 5,720-square-foot premises. Suite 104 is available immediately, Suites 102 and 103 become available January 1, 2027, and timing for Suite 101 is negotiable. Parking is available on site.
Key Highlights
- Four adjoining suites total 5,720 square feet; each is approximately 1,430 SF
- Suites 102 and 103 form a 2,860 SF office with 7 private offices and 2 conference rooms
- Finished office area also includes reception, kitchenette and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,294
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,880
$1.1M
Cap Rate 7%
$789,914
$789.9K
Cap Rate 9%
$614,378
$614.4K
Market Conditions
NOI Build-Up for 5,720 SF
Gross rent
$82.4K $14.40/SF
− Vacancy
−$3.4K −$0.59/SF
EGI
$79.0K $13.81/SF
− OpEx
−$23.7K −$4.14/SF
NOI
$55.3K $9.67/SF
Area
Miami County, KS
Vacancy
4.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,880
Cap Rate 7%
$789,914
Cap Rate 9%
$614,378
Alternative Uses
Best Use
Mixed Use
$911.9K
$797.9K – $1.06M
NOI $63,835 @ 7.0% cap · market cap 992.00%
Second Best
Retail
$789.9K
$691.2K – $921.6K
NOI $55,294 @ 7.0% cap · market cap 859.27%
Theoretical Best
Office B
$1.13M
$984.6K – $1.31M
NOI $78,764 @ 7.0% cap · market cap 1,223.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Dining 25%
Dollar General
Shops & Services
4,614 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,349 visits/mo
0.4 miles
Valero Energy
Shops & Services
2,561 visits/mo
0.2 miles
Daylight Donuts Paola
Dining
2,339 visits/mo
0.1 miles
Simple Simon's Pizza
Dining
1,559 visits/mo
0.5 miles
Demographics for 66071, KS
12,416
Population
5,415
Households
2.3
Avg Household Size
45
Median Age
30%
College-Educated
94%
High-School Grad
229.3 sq mi
ZIP Area
54
Density / Sq Mi
$82,042
Median Household Income
$48,676
Median Earnings
$1,068
Median Rent
$261,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four adjoining suites offer a finished office configuration alongside spaces suited to tenant customization.
Where is this mixed-use property located?
The property is located at 306 Baptiste Drive Paola, KS.
What are key features of this property?
This property features: Four adjoining suites total 5,720 square feet; each is approximately 1,430 SF; Suites 102 and 103 form a 2,860 SF office with 7 private offices and 2 conference rooms; Finished office area also includes reception, kitchenette and 2 bathrooms
