Medical Office Building Near VA
For Sale
$975,000
3601 S 4th Street, Leavenworth, KS 66048
A commercial property with retail and office flexibility serves the nearby hospital community.
Property Size2,478 SF
Price / SF$393.46
Days on Market25
Property Features for 3601 S 4th Street
General Information
Standard status
Active
Size
2,478 SF
Property subtype
Office
Additional Details
Road Access
Yes
Property Use
Medical Office
Building Details
Year Built
1979
Buildings
1
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Hunter Shantz · License #00243126
(573) 275-4277
Source:
Legendaryapartmentbrokers
Added: Oct 7
Changed: Oct 28
Last Checked: Oct 28 at 2:59PM
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 Platinum Realty LLC
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Investment Insights
Based on property information with market context.
This 2,478-square-foot medical office property was built in 1979. Its stated potential configurations include medical office, retail, and mixed use, with zoning subject to buyer verification. The property is offered for sale, and space ranging from 900 to 2,478 square feet is identified for lease.
At 3601 S 4th Street in Leavenworth, the building is steps from the VA hospital and fronts a busy commercial corridor. The setting places the property near hospital patients, staff, and visitors.
At 3601 S 4th Street in Leavenworth, the building is steps from the VA hospital and fronts a busy commercial corridor. The setting places the property near hospital patients, staff, and visitors.
Key Highlights
- 2,478‑square‑foot medical office property built in 1979
- 900 to 2,478 square feet available for lease
- Steps from the VA hospital
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,122
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,440
$682.4K
Cap Rate 7%
$487,457
$487.5K
Cap Rate 9%
$379,133
$379.1K
Market Conditions
NOI Build-Up for 2,478 SF
Gross rent
$53.5K $21.60/SF
− Vacancy
−$8.0K −$3.24/SF
EGI
$45.5K $18.36/SF
− OpEx
−$11.4K −$4.59/SF
NOI
$34.1K $13.77/SF
Area
Leavenworth County, KS
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,440
Cap Rate 7%
$487,457
Cap Rate 9%
$379,133
Alternative Uses
Best Use
Office B
$487.5K
$426.5K – $568.7K
NOI $34,122 @ 7.0% cap · market cap 3.50%
Second Best
Healthcare Medical
$469.0K
$410.4K – $547.2K
NOI $32,829 @ 7.0% cap · market cap 3.37%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 66048, KS
36,628
Population
15,237
Households
2.4
Avg Household Size
39
Median Age
31%
College-Educated
92%
High-School Grad
135.5 sq mi
ZIP Area
270
Density / Sq Mi
$71,520
Median Household Income
$40,702
Median Earnings
$954
Median Rent
$203,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Pioneer Animal Hospital — 3525 S 4th St, Leavenworth, KS 66048
Frequently Asked Questions
What type of property is this?
Medical Office Space - A commercial property with retail and office flexibility serves the nearby hospital community.
Where is this medical office space located?
The property is located at 3601 S 4th Street Leavenworth, KS.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2,478‑square‑foot medical office property built in 1979; 900 to 2,478 square feet available for lease; Steps from the VA hospital
