Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1108 Industrial Rd Winfield, KS 67156
    Back to Search
    Property profile & analytics

    1108 Industrial Rd, Winfield, KS 67156

    View on Map
    • Industrial properties
    • 38,472 SF
    • 6.16 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 1108 Industrial Rd

    Lot size
    6.16 lot acres
    Property type
    Industrial properties
    Property subtype
    Manufacturing properties

    Description

    This Winfield, Kansas industrial property, located at 1108 Industrial Rd, offers 38,472 square feet of space on a 6.16-acre lot. Built in 2001 and expanded in 2016, the building features a mix of distribution and manufacturing space, ideal for various industrial uses. The property boasts a 14'-24' ceiling height, two dock-high doors, and nine overhead doors. Power is supplied by a 3-phase, 480V, 800/1600 amp system. The building includes a substantial office area with nine offices, a conference room, and a break room. Additional features include three 5-ton and six 3-ton bridge cranes, and a concrete storm shelter. The property is zoned I-2 (Heavy Industrial) and enjoys excellent access to K-360 and US Highway 160. The asking price is $2,750,000, translating to $71.48 per square foot. This is a single-unit building with a metal-on-steel construction.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winfield
    County
    Cowley
    State
    Kansas
    Longitude
    -96.9537
    Latitude
    37.2383

    Comparable in this City

    • Value Estimation by Request
      135,800 SF

      7615 Warehouse Ave

      Distribution properties
      7615 Warehouse Ave, Winfield, KS 67156
      View Details
    • Value Estimation by Request
      0.13 Acres

      216 5th Ave

      MANUFACTURING (LIGHT)
      216 5th Ave, Winfield, KS 67156-2001
      View Details
    • Value Estimation by Request
      1.64 Acres

      Country Clb Rd

      PROCESSING PLANT (CEMENT, GRAVEL)
      Country Clb Rd, Winfield, KS 67156
      View Details
    • Value Estimation by Request
      1,075 SF

      116 14th Ave

      PROCESSING PLANT (CEMENT, GRAVEL)
      116 14th Ave, Winfield, KS 67156-4207
      View Details
    • Value Estimation by Request
      1.10 Acres

      22179 D St

      MANUFACTURING (LIGHT)
      22179 D St, Winfield, KS 67156
      View Details
    • Value Estimation by Request
      2.60 Acres

      724 Industrial Blvd

      MANUFACTURING (LIGHT)
      724 Industrial Blvd, Winfield, KS 67156-9102
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,908 SF

      Former Food Distribution Warehouse

      Industrial facility with multiple overhead doors, dock access, and 2,100+/- sq. ft. office space on a light industrial site.
      3900 E 12Th Ave, Winfield, KS 67156
      View Details
    • $275,000
      11,000 SF

      Winfield Industrial Building - Huge Potential

      11,000 sq ft, 1.1 acres, move-in ready
      502 6Th Ave, Winfield, KS 67156
      View Details
    • Contact for pricing
      135,800 SF

      Winfield Warehouse and Office Space

      Office/warehouse near Strother Field Airport in Winfield, Kansas.
      7615 Warehouse Ave, Winfield, KS 67156
      View Details
    • $5,900,000

      Winfield Office/Warehouse Space Available

      Prime office and warehouse space for sale in Winfield, Kansas.
      22425 D St, Winfield, KS 67156
      View Details
    • Contact for pricing
      156,480 SF

      Winfield Office/Warehouse Space Available

      Prime office and warehouse space with highway access in Winfield.
      22425 D St, Winfield, KS 67156
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      181,521 SF

      Winfield Warehouse with Ample Parking

      181521 square foot warehouse with dock and ground level doors.
      2000 Liquitex Ln, Winfield, KS 67156
      View Details
    • $3 SF/Yr

      Winfield Office/Warehouse Space Available

      Office and warehouse space available for lease in Winfield.
      22425 D St, Winfield, KS 67156
      View Details
    • Contact for pricing

      Winfield Commercial Space For Lease

      Commercial space available for lease in Winfield, Kansas.
      22425 D St, Winfield, KS 67156
      View Details
    • $1,700 /Mo
      10,498 SF

      Winfield Office Space Available

      Professional office space in Winfield, ready for immediate occupancy.
      222 E 9Th Ave, Winfield, KS 67156
      View Details
    • $1,100 /Mo
      7,000 SF

      Downtown Winfield Commercial Space

      Highly visible commercial space in downtown Winfield, Kansas.
      707 Main St, Winfield, KS 67156
      View Details
    Request Owner's contact information
    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.
    1108 Industrial Rd
    Winfield, KS 67156
    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
    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

    Thank You for Inquiry
    1108 Industrial Rd, Winfield, KS, 67156
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!