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Property profile & analytics
OFF-MARKET Estimated value $715,000
Warehouses

1201 Ml Rd Medicine Lodge, KS 67104-8001

10,095 SF 3.6 ac lot Built 2011
Individually Owned Free & Clear
Property ID
US33-1181134
Property summary
AI-generated overview

This exceptional commercial property, located at 1201 SW Mill Rd in Medicine Lodge, Kansas (zip code 67104), presents a unique investment opportunity. The property encompasses a substantial 10,095 square feet situated on a generous 3.6-acre lot. The main structure features a 3,000 square foot office building, constructed in 2011, boasting a large reception area, three spacious private offices, a sizable conference room, a convenient kitchenette, and a restroom. In addition to the office space, a heated, four-bay shop provides over 7,000 square feet of versatile space, including a 2850lb lift, a service pit, a storage room, and a bathroom. The property is fully secured with a perimeter fence and two gated entrances. The expansive gravel yard includes a wash pit, a storage building housing power wash equipment, a private water well, and ample parking and storage areas. This property's combination of office space, expansive shop area, and ample outdoor space makes it ideal for a variety of commercial uses. Its strategic location in the heart of Medicine Lodge, Kansas offers excellent visibility and accessibility. The asking price for this remarkable property is $365,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2011
Total area 10,095 SF
Lot 3.6 ac (156,816 SF)
APN 141-11-0-10-06-003.00-0
UPID US33-1181134
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
  • Nicholas Services Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$715k
Owner & transaction history
NICHOLAS WATER SERVICE
NICHOLAS WATER SERVICE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.2M +50.1%
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