118 1st Ave Norton, KS 67654-1912
This exceptional office building, located at 118 N First Avenue in Norton, Kansas, presents a remarkable opportunity for businesses seeking expansion or a new home. Boasting a generous 5,664 square feet of space, the building is ideally situated on a corner lot, providing excellent visibility and convenient access. Ample parking is available for employees and clients. The interior layout is highly adaptable, featuring 14 smaller offices or meeting rooms, perfect for individual workspaces or collaborative projects. Four handicap-accessible bathrooms ensure inclusivity and convenience. A dedicated kitchen or break room area provides a comfortable space for staff. Beyond the individual offices, the building also includes larger, open-concept areas, offering flexibility for various business needs and configurations. The asking price for this well-maintained property is $340,000. Its prime location and versatile design make it an attractive investment in the thriving Norton, KS market. The property's zip code is 67654.
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
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.