Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6960 Broadway St Park City, KS 67219
    Back to Search
    Property profile & analytics

    6960 Broadway St, Park City, KS 67219

    View on Map
    • Warehouses
    • 6,000 SF
    • 1.80 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 3D Plumbing - Electric - Heating & Air / HVAC Service / General Contractor
    • 3D Fireworks / Discount Store / Party Supply Store

    Property Details for 6960 Broadway St

    Year built
    2014
    Lot size
    1.80 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 6,000-square-foot warehouse, built in 2014, presents a compelling owner-user opportunity. Located on a 1.8-acre lot in Park City, Kansas (6960 N Broadway St, 67219), this two-story industrial building offers a versatile space ideal for various commercial ventures. The main floor provides 4,800 square feet of warehouse space, complemented by an upper level offering additional storage and a one-bedroom apartment with adaptable uses. The property features a 16-foot ceiling height, accommodating large equipment and maximizing vertical storage. Two 14-foot overhead doors ensure efficient loading and unloading. The building boasts durable metal construction, including roof and siding. While the property currently has no loading docks, its design and ample space allow for easy adaptation. The property includes a dedicated office area, providing a professional workspace. Three-phase power is available but not currently connected to the building. The property comprises four parcels

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Park City
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3359
    Latitude
    37.8102

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      5929 Broadway St

      Distribution properties
      5929 Broadway St, Park City, KS 67219
      View Details
    • Value Estimation by Request
      9,720 SF

      3040 Ohio Ave

      Flex space
      3040 Ohio Ave, Wichita, KS 67219
      View Details
    • Value Estimation by Request

      3144 Ohio St

      Distribution properties
      3144 Ohio St, Wichita, KS 67219
      View Details
    • Value Estimation by Request
      0.38 Acres

      320 49th N St

      DISTRIBUTION WAREHOUSE
      320 49th N St, Wichita, KS 67219
      View Details
    • Value Estimation by Request
      0.05 Acres

      Wichita, KS 67219

      DISTRIBUTION WAREHOUSE
      Wichita, KS 67219
      View Details
    • Value Estimation by Request
      0.28 Acres

      Wichita, KS 67219

      DISTRIBUTION WAREHOUSE
      Wichita, KS 67219
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      715,143 SF

      Wichita Warehouse/Manufacturing/Distribution Campus

      Large industrial campus with multiple buildings and highway access.
      700 E 37Th St N, Wichita, KS 67219
      View Details
    • Contact for pricing
      36,918 SF

      Former School with Secured Storage

      36,918 SF brick building on 3.75 acres for rent.
      3601 N St. Francis St, Wichita, KS 67219
      View Details
    • Contact for pricing
      6,300 SF

      Versatile Commercial Property in Wichita

      6,300 sq ft commercial property on 1.38 acres.
      2555 N Market St, Wichita, KS 67219
      View Details
    • Contact for pricing
      6,300 SF

      Versatile Commercial Property in Wichita

      Multi-purpose commercial property ideal for various business operations.
      2555 N Market St, Wichita, KS 67219
      View Details
    • Contact for pricing
      36,918 SF

      36,918 SF Bridgeport Building

      36,918 SF building on 3.75 acres in Bridgeport.
      3601 North Saint Francis St, Wichita, KS 67219
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      674,334 SF

      FORMER LOVE BOX | PRATT 37TH ST. CAMPUS

      Distribution centers
      700 37Th St, Wichita, KS 67219
      View Details
    • Contact for pricing
      180,000 SF

      Available Warehouse Space in Park City

      180,000 SF warehouse space available for lease.
      7050 N Air Capitol Dr, Park City, KS 67219
      View Details
    • Contact for pricing
      2,976 SF

      Warehouse with Office and Storage

      2,976 SF warehouse with office and outdoor storage for lease.
      4901 N Broadway Ave, Park City, KS 67219
      View Details
    • Contact for pricing
      38,080 SF

      Wichita Warehouse with Crane Access

      Heated warehouse space featuring multiple cranes and pass-through doors.
      3400 N Topeka Ave, Wichita, KS 67219
      View Details
    • Contact for pricing
      5,447 SF

      Park City Retail End Cap

      Retail space available in growing Park City community.
      1526-1600 East 61St St N, Park City, KS 67219
      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.
    6960 Broadway St
    Park City, KS 67219
    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
    6960 Broadway St, Park City, KS, 67219
    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!