Office/Warehouse Flex
4699 Stagg Hill Manhattan, KS 66503
For Sale
Contact for pricing
Recently constructed 2024 flex office/warehouse with a dock door, restrooms, and kitchen-ready layout for multiple business uses.
Property Size12,000 SF
Price / SF$183.33
Days on Market52
Property Features for 4699 Stagg Hill
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2024
Listing Agency:
Back 9 Realty
(785) 236-0164
Listed By:
Lori Vilkanskas · License #BR00237947
Source:
Crexi
Added: Jun 2
Changed: Jul 23
Last Checked: Jul 23 at 7:16AM
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 Back 9 Realty
Investment Insights
Based on property information with market context.
This recently constructed 2024 office/warehouse flex building offers versatile indoor space configured to support office and operational needs. The building includes a convenient dock door, restrooms, and a kitchen, providing practical functionality for day-to-day activity.
Most recently used as a childcare facility, the layout is described as adaptable for a range of business requirements, including office space, warehouse storage, or a combination of both. The property is being offered for sale and is presented as a modern, well-equipped option for companies seeking a flexible work-and-storage environment.
Call for details on the current configuration and what options may best fit your intended use.
Most recently used as a childcare facility, the layout is described as adaptable for a range of business requirements, including office space, warehouse storage, or a combination of both. The property is being offered for sale and is presented as a modern, well-equipped option for companies seeking a flexible work-and-storage environment.
Call for details on the current configuration and what options may best fit your intended use.
Key Highlights
- Recently constructed 2024 office/warehouse building with 12,000 sq. ft. of versatile space
- Dock door included for loading/unloading
- Restrooms and a kitchen‑ready layout included
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $276.5k | $23.04 |
| − Vacancy | −$30.7k | −$2.56 |
| EGI | $245.8k | $20.48 |
| − OpEx | −$61.4k | −$5.12 |
| NOI | $184.3k | $15.36 |
12,000 SF · lease $23.04/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.63M
$2.30M – $3.07M
NOI $184,343 @ 7.0% cap · market cap 8.38%
Second Best
Warehouse
$835.5K
$731.0K – $974.7K
NOI $58,482 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$2.75M
$2.40M – $3.20M
NOI $192,230 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Recently constructed 2024 flex office/warehouse with a dock door, restrooms, and kitchen-ready layout for multiple business uses.
Where is this flex space located?
The property is located at 4699 Stagg Hill Manhattan, KS.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Recently constructed 2024 office/warehouse building with 12,000 sq. ft. of versatile space; Dock door included for loading/unloading; Restrooms and a kitchen‑ready layout included
