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Property profile & analytics
OFF-MARKET
Industrial properties

1108 4 Ter Garnett, KS 66032

5.8 ac lot Built 1952
Property ID
Property summary
AI-generated overview

This expansive 5.8-acre industrial property at 1108 E 4th Terrace in Garnett, Kansas, presents a remarkable investment opportunity. Boasting excellent visibility from Highway 169, this versatile site offers numerous possibilities for redevelopment. Currently occupied by a relocating tow service company, the property's history includes use as an auto body shop, showcasing its adaptability. Imagine the possibilities: a bowling alley, indoor gun range, self-storage facility, gas station, restaurant, or any number of other businesses could thrive here. The main building features 12-foot ceilings in the shop area, complemented by tin ceilings in sections. The roof is approximately nine years old, ensuring relative structural soundness. All city utilities are readily available, including water, gas, 220-volt three-phase electric, and sewer. Efficient overhead gas heaters are in place. A newer addition extends the building's footprint at the rear. The property's size and location, combined with its existing infrastructure, make it an exceptional prospect for entrepreneurs and investors seeking a prime location with significant development potential. The asking price is $315,000. New photographs will be available soon as the current tenant completes its relocation.

Property profile
Verified
Property type Industrial properties
Year built 1952
Lot 5.8 ac (252,648 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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