110 61 St Park City, KS 67204
- Warehouses
- 28,000 SF
- 4.30 lot acres
Current Use by Public Records
- Warehouses
Property Details for 110 61 St
- Year built
- 1978
- Lot size
- 4.30 lot acres
- Property size
- 28,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 28,000-square-foot industrial property, situated on a generous 4.3-acre lot in Park City, Kansas, presents a compelling investment opportunity. The single-story, Class C building, constructed in 1978, boasts 14 loading docks and an impressive 18-foot ceiling height, ideal for various industrial and flex uses. Currently housing four tenants, the property offers a multi-tenant occupancy structure with a Net Net Net (NNN) lease type. The asking price is $1,595,000, translating to $48.18 per square foot. The property is available for sale by owner and is suitable for a 1031 exchange. Located conveniently off I-135 near the Park City/Wichita border, this property features remodeled offices and ample fenced outdoor space, accommodating 18-wheeler access. The property can be vacated within a few months, providing flexibility for the new owner. This is an owner-user opportunity, or a potential cap rate investment. The property offers a lease option to purchase.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Park City
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3392
- Latitude
- 37.7967
