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OFF-MARKET
Specialty properties

7839 Hwy Manhattan, KS 66502

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 7839 Hwy 24 in Manhattan, Kansas (zip code 66502), presents a remarkable investment opportunity. The 1.1-acre lot boasts 97 feet of frontage on a high-traffic stretch of Highway 24, ensuring maximum visibility and accessibility for any business. The existing 3600 square foot building features a double-skinned construction with metal siding both inside and out, providing superior insulation (R19 in walls, R39 in ceiling). The building includes a well-appointed office space complete with a closet and full bathroom. The shop area offers ample space, a dedicated storage room, additional overhead storage, and is equipped with an air compressor and lines. Two 14'x14' doors provide easy access, complemented by ceiling fans, bright lights, and several 220v outlets. The robust 6-inch concrete floor adds durability. Utilities include natural gas furnace, county water, and city sewer. The existing parking area can be expanded to accommodate additional vehicles. This property is ideally suited for a variety of commercial uses and offers the perfect blend of functionality and prime location. Don't miss this chance to secure a thriving business location in a high-demand area.

Property profile
Verified
Property type Specialty properties
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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