Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    720 1St St Coffeyville, KS 67337

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    10,000 SF Special Purpose Building, $200K

    Property Features for 720 1St St

    General Information

    Property type
    Specialty properties
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1950
    Stories
    1

    We can help!

    Listing Contact
    Lori Wesselowski
    Lori Wesselowski

    Listing Agency: Coldwell Banker Pasternak Johnson Listing Agent: Lori Wesselowski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 10,000 square foot property in Coffeyville, Kansas, presents a unique investment opportunity. Built in 1950, this single-story building sits on a 0.52-acre lot and is currently vacant. Previously used as an assisted living facility, it boasts 24 resident rooms, 12 half baths, and 2 ¾ bathrooms. A large, fully equipped commercial kitchen and ample communal areas are also included. The property includes a separate laundry building and a large parking lot to the north, offering potential for expansion or additional uses. Existing infrastructure includes electrical systems, plumbing, central heat and air conditioning, a sprinkler system, and an alarm system. Zoned R-1, this versatile property offers numerous redevelopment possibilities, including but not limited to: rehabilitation center, mental health facility, wellness center, affordable housing, school, or community center. Note: This property cannot be used as a long-term care or assisted living facility. Resources are available to assist new buyers in exploring tax incentives and grant programs. This is a remarkable chance to acquire a substantial property with significant potential in a prime Coffeyville location. The asking price is $200,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Coffeyville
    County
    Montgomery
    State
    Kansas
    Longitude
    -95.6273914
    Latitude
    37.0437032

    Nearby Similar for Sale

    • New
      $225,000
      15,500 SF

      Downtown Coffeyville Commercial Building For Sale

      Commercial building with living space in downtown Coffeyville, Kansas.
      111-113 West 9Th St, Coffeyville, KS 67337
      View Details
    • $99,500
      4,385 SF

      Commercial Building on Corner Lot

      Commercial building on a corner lot along a major highway.
      202 East 11Th St, Coffeyville, KS 67337
      View Details
    • $99,000
      4,805 SF

      Versatile Commercial Building in Coffeyville

      Commercial building with flexible space and potential owner financing.
      906 W 8Th St, Coffeyville, KS 67337
      View Details
    • $140,000
      15,737 SF

      Historic Building in Downtown Coffeyville

      Impressive 26,000 SF building with versatile design.
      906 S Elm St, Coffeyville, KS 67337
      View Details
    • Contact for pricing
      406,027 SF

      Coffeyville Industrial Facility For Sale

      Large industrial facility with convenient highway and rail access.
      2412 Hwy, Coffeyville, KS
      View Details
    • $30,000
      0.48 Acres

      Coffeyville Commercial Lot - Prime Location

      Build Your Dream Business - Main Street Coffeyville
      1412 8Th St, Coffeyville, KS 67337
      View Details
    • $280,000
      2.40 Acres

      Coffeyville Commercial Land - 2.4 Acres

      Prime Hwy location, near Walmart, $280,000
      1872 Cr 5300, Coffeyville, KS 67337
      View Details
    • $155,000
      0.33 Acres

      Coffeyville Commercial Building

      Updated 4,400 SF Daycare, High Potential
      1201 Willow St, Coffeyville, KS 67337
      View Details
    • Contact for pricing
      406,027 SF

      Coffeyville Industrial Facility

      406,027 SF Flex Space in KS
      2412 Us Highway 169, Coffeyville, KS 67337
      View Details

    FAQs

    What type of property is this?
    Specialty property - 10,000 SF Special Purpose Building, $200K
    Where is this specialty property located?
    The property is located at 720 1St St Coffeyville, KS.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Asking price: $200,000; Property type: Special Purpose, 1-story building built in 1950, situated on a 0.52-acre lot in Coffeyville, Kansas.; 10,000 square feet; previously operated as an assisted living facility with 24 resident rooms, multiple bathrooms, a commercial kitchen, and ample communal space.
    (620) 330-6084 Call to check price and availability
    Request Owner's contact information
    720 1St St Coffeyville, KS 67337
    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.
    720 1St St
    Coffeyville, KS 67337
    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
    720 1St St Coffeyville, KS 67337
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lori Wesselowski
    Lori Wesselowski
    Real Estate License ID: SP00236925
    (620) 330-6084 (620) 331-5510
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!