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

    3200 Plaza East Dr Hutchinson, KS 67502

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land with excellent visibility and access near major retailers.

    Type:Land
    Property size:
    5 SF
    Added:
    Nov 21, 2025
    Days on Market:
    158
    Last Refresh:
    Dec 3 at 5:58 am

    Property Features for 3200 Plaza East Dr

    General Information

    Standard status
    Active
    Size
    5 SF
    Property subtype
    Land

    We can help!

    Listing Contact
    Sam Steincamp
    Sam Steincamp

    Listing agent Sam Steincamp License #00248300

    Listing office NAI Martens

    Listing date Nov 21, 2025

    Source Naiglobal

    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

    Overview

    Commercial Land Near Dillon's

    This commercial land is located in the northwest quadrant of 30th Street and Waldron Avenue, and is zoned C-3 (Outdoor Commercial District). The site is situated adjacent to a Dillon’s grocery store, offering excellent visibility and quick access from the intersection. Area retailers in the vicinity include Dillon’s, Subway, and Sonic. The property consists of multiple parcels: Parcel 1 is 1.31 acres, Parcel 2 is 1.29 acres, Parcel 3 is 1.83 acres, and Parcel 4 is 1.53 acres. The total property size is 5 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson
    County
    Reno
    State
    Kansas
    Longitude
    -97.8960443
    Latitude
    38.0891284

    Nearby Similar for Sale

    • $449,900

      High Traffic Corner Location

      Prime medical/professional opportunity in a growing corridor.
      2300 N Lorraine St, Hutchinson, KS 67502
      View Details
    • $399,900

      Downtown Hutchinson Salon & Boutique

      Turn-key salon and boutique in growing downtown Hutchinson.
      16 S Main St, Hutchinson, KS 67501
      View Details
    • $349,900
      3,410 SF

      Turnkey Multifamily Investment Opportunity

      High-performing 6-unit property with 10% cap rate in Hutchinson, KS.
      400 E Sherman Ave, Hutchinson, KS 67501
      View Details
    • $425,000

      Established Restaurant and Bakery Opportunity

      Charming, family-owned restaurant and bakery near Hutchinson, Kansas.
      6803 W Highway K61, Hutchinson, KS 67501
      View Details
    • $249,900

      Hutchinson Land Near Prairie Dunes

      20.66 acres in Buhler School District, near Prairie Dunes.
      E 30th Ave, Hutchinson, KS 67502
      View Details
    • $1,400,000

      Commercial Truck Wash Facility

      State-of-the-art truck wash facility in Hutchinson, Kansas.
      1701 E Blanchard Ave, Hutchinson, KS 67501
      View Details
    • $79,900

      Land in Quiet Corner Area

      Two lots being sold as one in Hutchinson, Kansas.
      Brigadune Dr, Hutchinson, KS 67502
      View Details
    • $12
      12,170 SF

      Hutchinson Retail Space For Sale

      Highly visible retail space near Hutchinson Mall available for sale.
      1600-1624 E. 11th Street, Hutchinson, KS 67501
      View Details
    • $9,500

      Residential Land in Oxford Pointe

      Land for sale in Wiley School District.
      Birmingham Ave, Hutchinson, KS 67502
      View Details
    • $250,000

      Hutchinson Land Parcel For Sale

      Spacious land parcel near Hutchinson city limits, suitable for building.
      N Hendricks St, Hutchinson, KS 67502
      View Details
    • $50,000
      1,764 SF

      Income-Producing Duplex in Hutchinson, KS

      Affordable duplex with rental income potential in Hutchinson, Kansas.
      215 E 7th Ave, Hutchinson, KS 67501
      View Details
    • $110,000

      Hutchinson Land For Sale

      1.16 acre commercial land in prime location.
      Norman Rd, Hutchinson, KS 67502
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land with excellent visibility and access near major retailers.
    Where is this commercial land located?
    The property is located at 3200 Plaza East Dr Hutchinson, KS.
    What are key features of this property?
    This property features: Excellent visibility and quick access from the intersection of 30th & Waldron.; Located adjacent to Dillon's grocery store.; Zoned C‑3 (Outdoor Commercial District).
    (316) 337-5787
    We can help!
    Listing Contact
    Sam Steincamp
    Sam Steincamp
    Real Estate License ID: 00248300
    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!