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    1400 Us Old Highway 75 Sabetha, KS 66534

    For Sale
    $553,846

    High-yield Sabetha, KS convenience store

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a freestanding 8,000-square-foot convenience store and grocery storefront in Sabetha, Kansas. Located on a 0.76-acre lot at 1400 S US Old Hwy 75, this property enjoys a prime position on Sabetha's main retail thoroughfare, just one block west of Highway 75 and conveniently situated south of Pizza Hut. The building, constructed in 1999, is currently leased to Dollar General under a Net Net lease expiring September 30, 2026, offering a remaining lease term of approximately 1.9 years. The property boasts a strong financial profile, with an asking price of $553,846, a price per square foot of $69.23, and a compelling 6.50% cap rate, generating a net operating income (NOI) of $36,000. The land value alone is $4.50 per square foot. This single-story building represents a stable, income-producing asset in a desirable location with a long-standing tenant. The property's strategic location and established tenant history make it an attractive investment for discerning buyers seeking a solid return on investment in the Kansas retail market. The property's strong financials and location make it an ideal addition to any portfolio.

    Property Features for 1400 Us Old Highway 75

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,000 SF
    Lot Size
    33,106 SF

    Building Details

    Year Built
    1999
    Buildings
    1
    Stories
    1

    HighLights

    • 8,000 SF building on a 0.76‑acre lot in Sabetha, Kansas.
    • Located one block west of Highway 75, in Sabetha's primary retail corridor.
    • Situated south of Pizza Hut.
    • Dollar General‑occupied since 1999; lease expires 09/30/2026 (1.9 years remaining).
    • $553,846 asking price; $69.23/SF; 6.50% cap rate; $36,000 NOI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Redbox Movie Rental Kiosk

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Sabetha
    County
    Brown
    State
    Kansas
    Longitude
    -95.7877241
    Latitude
    39.8917165

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      Sabetha Retail Investment Opportunity

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    Nearby Similar for Sale

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      Sabetha Retail Investment Opportunity

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    FAQs

    What type of property is this?
    Individual retail property - High-yield Sabetha, KS convenience store
    Where is this individual retail property located?
    The property is located at 1400 Us Old Highway 75 Sabetha, KS.
    What is the asking price?
    The asking price for this property is $553,846.
    What are key features of this property?
    This property features: 8,000 SF building on a 0.76-acre lot in Sabetha, Kansas.; Located one block west of Highway 75, in Sabetha's primary retail corridor.; Situated south of Pizza Hut.
    Request Owner's contact information
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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
    1400 Us Old Highway 75 Sabetha, KS 66534
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