Technical
Financial
Distress signals
Property profile

108 3rd St Abilene, KS 67410

OFF-MARKET
Retail space
Property ID
US33-0555339
2,207 SF 0.05 ac lot Built 1910
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,185 square foot storefront property, located at 108 NW 3rd St in Abilene, Kansas, presents a unique investment opportunity. Built in 1910, this single-story building boasts a prime location along a main traffic corridor in Abilene's historic downtown district. The property is currently 50% occupied, featuring a retail/office space in the front and a separate residential apartment in the rear. The apartment is currently leased, providing immediate rental income. The asking price is $180,000, translating to $82.38 per square foot. This is a triple net (NNN) lease arrangement for a multi-tenant property. The building offers significant potential for a variety of commercial uses, capitalizing on its high-visibility location and the charm of Abilene's historic downtown. The combination of commercial and residential space provides a diversified income stream. This is a rare opportunity to acquire a well-situated property in a thriving Kansas community. The property's address is 108 NW 3rd St, Abilene, KS 67410. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 2,207 SF
Lot 0.05 ac (2,178 SF)
APN 115-16-0-30-26-008.01-0
UPID US33-0555339

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Insurance Agency
  • Crisis Center Medical Clinic
  • Gym & Fitness Center Alternative Medicine Practice

Location

108 3rd St Abilene, KS 67410-2629
Abilene metro Census 84400
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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