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    1501 15Th Ave Newton, IA 50208

    Sponsored
    For Sale
    $877,500

    Modern Flex Building, K-96 Access

    Property size:
    22,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,750-square-foot flex space represents a rare opportunity in Northwest Wichita. Built in 2023, this single-story building offers a blend of modern office and warehouse space, ideal for a variety of businesses. The property features 1,200 square feet of office space and 5,500 square feet of warehouse space, providing ample room for operations and administration. Fourteen 14-foot overhead doors ensure efficient loading and unloading, complemented by abundant door-side parking for convenience. The building is zoned for limited industrial use and boasts a strategic location adjacent to K-96, providing excellent access to major transportation routes. A tenant finish-out allowance is available, allowing customization to meet specific business needs. The first-year rent is competitively priced at $7.50 per square foot. This new construction property offers a unique combination of functionality, location, and affordability, making it an attractive option for businesses seeking a modern and efficient workspace. Don't miss this chance to secure a prime location in a thriving area.

    Property Features for 1501 15Th Ave

    General Information

    Property type
    Flex space
    Square Feet
    22,500 SF
    Lot Size
    112,123 SF

    HighLights

    • $7.50/SF Year 1 Rent.
    • New construction flex building (15,750 SF total).
    • 1,200 SF office and 5,500 SF warehouse space.
    • 14' overhead doors and ample parking.
    • Tenant improvement allowance available.
    • Excellent Northwest Wichita location, adjacent to K‑96.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newton
    County
    Jasper
    State
    Iowa
    Longitude
    -93.034471
    Latitude
    41.71252

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Building, K-96 Access
    Where is this flex space located?
    The property is located at 1501 15Th Ave Newton, IA.
    What is the asking price?
    The asking price for this property is $877,500.
    What are key features of this property?
    This property features: $7.50/SF Year 1 Rent.; New construction flex building (15,750 SF total).; 1,200 SF office and 5,500 SF warehouse space.
    Request Owner's contact information
    1501 15Th Ave Newton, IA 50208
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    Realmo Value Estimation

    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.

    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.

    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
    1501 15Th Ave Newton, IA 50208
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