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Property profile & analytics
OFF-MARKET Estimated value $1,465,000
Office buildings

105 Andover Rd Andover, KS 67002-7920

14,400 SF 1.1 ac lot Built 2001
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US33-0115671
Property summary
AI-generated overview

This exceptional 14,400 square foot medical office building, situated on 1.1 acres in Andover, Kansas (zip code 67002), presents a unique investment opportunity. Located on S. Andover Rd, the property boasts excellent visibility and features a prominent monument sign with a digital display, ensuring high brand recognition. Currently occupied by a thriving general dentistry practice, the building offers a comfortable patient waiting area and convenient breezeway entry. Ample door-side parking is available for patients and staff. The interior layout includes seven operatories, perfectly suited for dental or other medical practices, along with a private office featuring its own bathroom, a kitchenette/breakroom, and is zoned B-1 Office Business District. The single-tenant occupancy provides stability and ease of management. This property is ideally suited for a variety of medical uses and other professional office tenants seeking a high-profile location in a thriving community. The building's size and amenities make it an attractive option for expansion or relocation. This is a rare opportunity to acquire a well-maintained, high-visibility medical office building in a desirable location. Butler County location offers easy access to major transportation routes.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2001
Construction STEEL FRAME
Total area 14,400 SF
Lot 1.1 ac (47,916 SF)
APN 008-304-19-0-40-01-001.00-0
UPID US33-0115671
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
Current use
Occupant on record · Public records
  • Tasia Farley, LMLP Crisis Center Medical Clinic
  • Mullins Dennis a CPA Accounting Firm Tax Preparation
  • Andover CPAs, PA Tax Preparation
  • Agape Direct Primary Care Medical Clinic
  • Dr. Jamie Stinemetz Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.47M
Owner & transaction history
Andover Office Center LLC · 20 yrs held
Andover Office Center LLC
since 2006
2 recorded transactions
2006
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.0M +37.7%
Commercial (general) $1.7M +15.7%
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