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Tilt-Up Concrete Warehouse

350 S Boyer Rd., El Dorado, KS 67042

For Sale
$950,000

Warehouse facility with finished office space, mezzanine storage, fenced gravel yard, and supplemental heating systems.

Property Size5,813 SF
Days on Market94

Property Features for 350 S Boyer Rd.

General Information

Standard status Active
Size 5,813 SF
Property subtype Industrial
Zoning Agricultural/Residential

Site & Location

Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Building Details

Building Size 5,813 SF
Year Built 1979
Construction tilt-up concrete
Listing Agency: J.P. Weigand & Sons, Inc.
Listed By: Austin Swisher, CCIM · License KS #00240314
Source: Weigand
Added: Aug 9 Changed: Nov 8 Last Checked: Nov 8 at 3:23AM

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 J.P. Weigand & Sons, Inc.

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Investment Insights

Based on property information with market context.

This warehouse facility features tilt-up concrete construction with a T-beam structural roof. Interior improvements include a 1,000 SF finished office, mezzanine, and steel shelving. An air compressor system with drops supports warehouse operations, while bulk-oil supplemental and infrared heating systems provide additional heat. City water and sewage serve the property.

Exterior improvements include a fenced yard with compacted gravel. An on-site mobile home is also included. The property is located at 350 S. Boyer Rd. in El Dorado, Kansas.

Key Highlights

  • Tilt‑up concrete construction with T‑beam structural roof
  • 1,000 SF finished office with mezzanine and steel shelving
  • Air compressor system with drops

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,430
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,600 $788.6K
Cap Rate 7%
$563,286 $563.3K
Cap Rate 9%
$438,111 $438.1K
Market Conditions
NOI Build-Up for 5,813 SF
Gross rent
$48.8K $8.40/SF
− Vacancy
−$2.4K −$0.42/SF
EGI
$46.4K $7.98/SF
− OpEx
−$7.0K −$1.20/SF
NOI
$39.4K $6.78/SF
Area
Butler County, KS
Vacancy
5.00%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,600
Cap Rate 7%
$563,286
Cap Rate 9%
$438,111

Alternative Uses

Best Use
Warehouse
$563.3K
$492.9K – $657.2K (±1% cap)
NOI $39,430 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,826 @ 7.0% cap · market cap 9.24%
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

City Truck & Tire ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Pharmacy Furniture & Home Goods Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby
Well-served
Demand for This Use

Demographics for 67042, KS

17,458
Population
7,342
Households
2.4
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
258.2 sq mi
ZIP Area
68
Density / Sq Mi
$56,633
Median Household Income
$37,251
Median Earnings
$868
Median Rent
$133,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Space Station Storage — 2660 W Central Ave, El Dorado, KS 67042

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse facility with finished office space, mezzanine storage, fenced gravel yard, and supplemental heating systems.
Where is this warehouse located?
The property is located at 350 S Boyer Rd. El Dorado, KS.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Tilt‑up concrete construction with T‑beam structural roof; 1,000 SF finished office with mezzanine and steel shelving; Air compressor system with drops
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