Warehouse with Office and 3-Phase
8900 Green Valley Drive Manhattan, KS 66503
For Sale
Contact for pricing
Warehouse facility includes office space with a bathroom and 440-volt 3-phase electric, supported by an 8-inch concrete floor.
Property Size21,875 SF
Lot Size1.65 Acres
Price / SF$68.57
Days on Market119
Property Features for 8900 Green Valley Drive
General Information
- Standard status
- Active
- Size
- 21,875 SF
- Lot size
- 1.65 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2002
Listing Agency:
Alliance Realty LLC
(303) 748-2217
Listed By:
Angela Durtschi · License #SP00241638
Source:
Crexi
Added: Mar 27
Changed: Jul 23
Last Checked: Jul 23 at 10:20AM
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 Alliance Realty LLC
Investment Insights
Based on property information with market context.
This warehouse property features a large industrial building designed for storage or operational use, with dedicated office areas that include a bathroom. The facility is built on an 8-inch thick concrete floor intended to support heavy-duty use. Electrical service includes 440 volts of 3-phase power, providing capacity for equipment and machinery operations.
The property is located off Green Valley Rd in Manhattan, KS, and sits on 1.65 acres, offering on-site space to support warehouse activities.
Overall, the combination of substantial slab thickness, 3-phase electrical service, and on-site office space makes the building well-suited for tenants seeking a single facility to handle both operations and basic administrative needs.
The property is located off Green Valley Rd in Manhattan, KS, and sits on 1.65 acres, offering on-site space to support warehouse activities.
Overall, the combination of substantial slab thickness, 3-phase electrical service, and on-site office space makes the building well-suited for tenants seeking a single facility to handle both operations and basic administrative needs.
Key Highlights
- Nearly 22,000 SF warehouse (175 ft x 125 ft) built in 2002 on 1.65 acres
- 8‑inch thick concrete floor built for heavy‑duty warehouse and industrial use
- 440 volts 3‑phase electric available for heavy machinery and equipment
Financial Insights For Warehouse
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 | $131.5k | $6.01 |
| − Vacancy | −$6.0k | −$0.28 |
| EGI | $125.4k | $5.73 |
| − OpEx | −$18.8k | −$0.86 |
| NOI | $106.6k | $4.87 |
21,875 SF · lease $6.01/SF/yr · vacancy 4.60% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.80M
$4.20M – $5.60M
NOI $336,042 @ 7.0% cap · market cap 22.40%
Second Best
Warehouse
$1.52M
$1.33M – $1.78M
NOI $106,608 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$5.01M
$4.38M – $5.84M
NOI $350,419 @ 7.0% cap · market cap 23.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar Off Market Nearby
- MKC — 3384 Excel Rd, Manhattan, KS 66502
- Leisure Self Storage — 8405 US-24, Manhattan, KS 66502
FAQs
What type of property is this?
Warehouse - Warehouse facility includes office space with a bathroom and 440-volt 3-phase electric, supported by an 8-inch concrete floor.
Where is this warehouse located?
The property is located at 8900 Green Valley Drive Manhattan, KS.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Nearly 22,000 SF warehouse (175 ft x 125 ft) built in 2002 on 1.65 acres; 8‑inch thick concrete floor built for heavy‑duty warehouse and industrial use; 440 volts 3‑phase electric available for heavy machinery and equipment
