Flex Shop with Showroom
For Sale
Contact for pricing
510 W Main St, Haven, KS 67543
Flex retail/showroom and heated service shop with OH doors for vehicle or equipment-focused operations.
Property Size2,576 SF
Price / SF$135.87
Days on Market102
Property Features for 510 W Main St
General Information
Standard status
Active
Size
2,576 SF
Property subtype
Retail
Zoning
commercial
Site & Location
Traffic Count
12,000 vehicles/day
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Business Included
Yes
Drive-In Doors
2
Building Details
Year Built
2018
Listing Agency:
Reign Real Estate
Listed By:
Jessica Schmidt · License #BR00236960
(620) 664-8298
Source:
Crexi
Added: May 27
Changed: Sep 4
Last Checked: Sep 4 at 9:38PM
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 Reign Real Estate
Investment Insights
Based on property information with market context.
This property is a versatile flex-style building operating as an RV and camper service shop. It includes a modern storefront/showroom/office area plus a spacious workshop/service section designed for day-to-day repairs and servicing. The shop measures 40 x 60 and is heated with a gas heater, and the storefront/office area measures 24 x 24 and includes a bathroom. Exterior access features overhead doors sized 14' H x 16' W and 14' H x 14' W, supporting vehicle and equipment entry.
The site is located at 510 W Main St in Haven, Kansas, with visibility along K-96 Highway and a stated daily traffic count of nearly 12,000 vehicles. City water and city sewer are available.
For buyers seeking a facility that supports both walk-in customer traffic and hands-on service work, the combination of showroom/office space and a large heated workshop provides a practical setup. The overhead door configuration and service-oriented layout also lend themselves to sales and service businesses that need dependable access for vehicles or related equipment.
The site is located at 510 W Main St in Haven, Kansas, with visibility along K-96 Highway and a stated daily traffic count of nearly 12,000 vehicles. City water and city sewer are available.
For buyers seeking a facility that supports both walk-in customer traffic and hands-on service work, the combination of showroom/office space and a large heated workshop provides a practical setup. The overhead door configuration and service-oriented layout also lend themselves to sales and service businesses that need dependable access for vehicles or related equipment.
Key Highlights
- 2018‑built commercial property at 510 W Main St in Haven, KS
- Shop size 40 x 60 with a heated service area using a gas heater
- 24 x 24 storefront/office area with bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,538
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$490,760
$490.8K
Cap Rate 7%
$350,543
$350.5K
Cap Rate 9%
$272,644
$272.6K
Market Conditions
NOI Build-Up for 2,576 SF
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.
Gross rent
$37.1K $14.40/SF
− Vacancy
−$2.0K −$0.79/SF
EGI
$35.1K $13.61/SF
− OpEx
−$10.5K −$4.08/SF
NOI
$24.5K $9.53/SF
Area
Reno County, KS
Vacancy
5.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$490,760
Cap Rate 7%
$350,543
Cap Rate 9%
$272,644
Alternative Uses
Best Use
Flex RnD
$472.8K
$413.7K – $551.6K
NOI $33,093 @ 7.0% cap · market cap 9.46%
Second Best
Retail
$350.5K
$306.7K – $409.0K
NOI $24,538 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$521.4K
$456.3K – $608.4K
NOI $36,501 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
12,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 67543, KS
2,018
Population
893
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
92%
High-School Grad
85.3 sq mi
ZIP Area
24
Density / Sq Mi
$59,883
Median Household Income
$43,212
Median Earnings
$781
Median Rent
$102,500
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex retail/showroom and heated service shop with OH doors for vehicle or equipment-focused operations.
Where is this flex space located?
The property is located at 510 W Main St Haven, KS.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2018‑built commercial property at 510 W Main St in Haven, KS; Shop size 40 x 60 with a heated service area using a gas heater; 24 x 24 storefront/office area with bathroom
