Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Land in Hutchinson, Kansas Title is generated by Realmo AI

    601 E 2nd Ave, Hutchinson, KS 67501

    View on Map
    Claim this Listing
    For Sale
    $80,000

    LAND - Hutchinson, KS

    Lot size:
    1.30 Acres
    Added:
    Jun 1, 2025
    Days on Market:
    371
    Last Refresh:
    Jun 6 at 2:06 am

    Property Features for 601 E 2nd Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    I1-Light Industrial
    Fencing
    Chain Link
    Standard status
    Active
    APN
    1341802013008030
    Lot size
    1.30 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2080

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    MARIBETH REIMER

    Listing agent MARIBETH REIMER

    Listing office Landmark Commercial Real Estate KS

    Listing date Jun 1, 2025

    MLS# 52743 Listing URL

    Copyright © 2026 Mid-Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Zoned L‑1 (Light Industrial) offering versatile usage options.
    • 1.3 Acres of land suitable for various industrial purposes.
    • Approximately 1/3 of the area is rocked and fully fenced.
    • Newer chain link fencing with barbed wire for enhanced security.
    • Cantilever gate providing controlled access to the property.
    • Potential for building an office/warehouse with outdoor storage.

    Overview

    This 1.3-acre industrial land is zoned I-1 (Light Industrial). Approximately one-third of the area is rocked and includes a fully fenced yard with a cantilever gate. The newer chain-link fencing is 6 to 8 feet in height and features barbed wire. This property is suitable for storage units or a company seeking a yard and space to build an office/warehouse with outdoor storage. Electricity is currently the only utility available to the parcel. The property is located in Hutchinson, Kansas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson
    County
    Reno
    State
    Kansas
    Longitude
    -97.919513
    Latitude
    38.054696

    Nearby Similar for Sale

    • $450,000
      15,200 SF

      Skateland Rink Building For Sale

      15,200 SF skating rink building with prime location.
      3101 N Lorraine St, Hutchinson, KS 67502
      View Details
    • $170,000
      3,000 SF

      Hutchinson Industrial Property on 1.99 Acres

      Versatile industrial property with multiple buildings and ample outdoor space.
      603 N Urban Dr, Hutchinson, KS 67501
      View Details
    • $400,000

      Remodeled Corner Medical Office Building

      Remodeled corner building with flexible layout, private-entry suite, and 12+ parking spaces for medical, therapy, wellness, and office users.
      2300 N Lorraine St, Hutchinson, KS 67502
      View Details
    • $1,500,000
      11,152 SF

      Hutchinson Multifamily Investment Opportunity

      Well-maintained 12-unit apartment complex in desirable Hutchinson Medical Corridor.
      1704 E 24th Ave, Hutchinson, KS 67502
      View Details
    • $1,500,000
      11,152 SF

      Hutchinson Multifamily Investment Opportunity

      Turnkey 12-unit apartment complex in desirable Hutchinson Medical Corridor.
      1710 E 24th Ave, Hutchinson, KS 67502
      View Details
    • $1,000,000
      7,192 SF

      Leased Apartment Complex with Garages

      Fully leased 10-unit apartment complex in a prime location.
      1705 E 24th Ave, Hutchinson, KS 67502
      View Details
    • $1,000,000
      7,192 SF

      Fully Leased Apartment Complex

      10-unit apartment complex in a prime location.
      1701 E 24th Ave, Hutchinson, KS 67502
      View Details
    • $368,500
      68,780 SF

      Solid Brick Warehouse Space Available

      Over 68,780 sq ft of warehouse space for sale.
      320 S Washigton St, Hutchinson, KS 67501
      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
    • $105,000

      Commercial Land in Hutchinson, KS

      Versatile commercial land ideal for industrial, warehouse, or commercial use.
      203 N Plum, Hutchinson, KS 67501
      View Details
    • $1.00
      8,280 SF

      Premium Office Space Available

      8,280 SF office space with flexible terms in Hutchinson.
      2611 E 17th Ave, Hutchinson, KS 67501
      View Details

    FAQs

    What type of property is this?
    Industrial land - 1.3 acre industrial land with fenced yard for sale.
    Where is this industrial land located?
    The property is located at 601 E 2nd Ave Hutchinson, KS.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Zoned L‑1 (Light Industrial) offering versatile usage options.; 1.3 Acres of land suitable for various industrial purposes.; Approximately 1/3 of the area is rocked and fully fenced.
    (620) 727-7806
    We can help!
    Listing Contact
    MARIBETH REIMER
    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

    Thank You for Inquiry
    601 E 2nd Ave, Hutchinson, KS 67501
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!