1017 E 13Th St Hays, KS 67601
For Sale
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This 11,049-square-foot auto shop located at 1017 E 13th Street in Hays, Kansas, is available for sale at $599,000. The property sits on a 0.57-acre lot and features a single-story building constructed in 1960, renovated in 1985. The building is zoned for Commercial General use and offers ample space with high ceilings. Previously used as a mechanic shop, this versatile property presents numerous possibilities for various commercial ventures. The property boasts significant paved parking for both employees and customers, ensuring convenient access. Its location near the intersection of 13th and Vine Streets provides excellent visibility and exposure. The proximity to a newly constructed school further enhances its appeal. An additional property across the street offers potential for future expansion. The property is currently vacant, with an occupancy date of December 31, 2023. The sale price equates to $54.21 per square foot. The property includes 24,830 square feet of air rights. This owner-user investment opportunity is listed as a Net NNN lease type, with no tenant credit rating available. The Wegele Family Trust currently owns the property. The property has historically shown a return on investment between 8% and 10%.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.