Current Use by Public Records
- Warehouses
Property Details for 810 Meridian Rd
- Year built
- 1950
- Lot size
- 30.10 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a portfolio of three vacant industrial buildings totaling 286,800 square feet, situated on a 30.1-acre lot in Newton, Kansas. The buildings, located at 810 & 831 S Columbus Ave, and 900 S Meridian Rd, offer a unique blend of manufacturing, flex, and warehouse space. Individual building sizes are 77,200 SF, 95,200 SF, and 76,000 SF respectively. The property boasts a prime location, just 2.8 miles from US-50 and 27.6 miles north of Wichita. Recent extensive renovations totaling approximately $9 million include a brand-new sprinkler system, fiber optic lines, high-speed doors, a new roof, and 16 new loading docks. Further improvements encompass $2 million in new air handlers and a $750,000 high-security fence. Interior upgrades include new cabinets and tables in the office areas (approximately 5% of total space), three new face panels on two buildings, and a recently power-washed interior. The property also features a quarter-mile rail spur serviced by BNSF Railway, providing excellent transportation options. The asking price is $10,038,000, representing a price per square foot of $35. This property offers significant potential for a variety of industrial uses, benefiting from its size, location, and recent substantial upgrades. The buildings are currently vacant and ready for immediate occupancy. Built in 1950, this property offers ample power, water, and air capacity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Harvey
- State
- Kansas
- Longitude
- -97.3679
- Latitude
- 38.0339
