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Property profile & analytics
FOR SALE
Warehouses
1206 Vine St Hays, KS 67601
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-1557223
For Sale
1 / 12
Contact for pricing
1206 Vine St, Hays, KS 67601
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Property summary
AI-generated overview
This 7,200-square-foot warehouse, located at 1206 Vine St in Hays, Kansas, is offered for sale at $289,000. The property sits on a 14,400-square-foot lot and boasts a desirable location just off Vine and 13th Streets, providing excellent accessibility. Built in 1950, this single-story building features a 60x120 footprint with a 10-foot overhead door, making it ideal for various uses. Currently vacant, the property is zoned for Commercial General use, offering flexibility for a range of businesses. The asking price equates to $40.14 per square foot, and the property offers an 8.00% cap rate. Additional land may be available for expansion. This property presents a compelling investment opportunity for those seeking warehouse space or exploring the potential for mini-storage units. The property is owned by GSW Properties, LLC and Wegele Family Trust. The lease type is NNN.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1957
Construction
FRAME
Total area
7,200 SF
Lot
1.63 ac (71,003 SF)
APN
182-03-0-20-02-006.01
UPID
US33-1557223
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
GSW PROPERTIES LLC WEGELE FAMILY TRUST
GSW PROPERTIES LLC WEGELE FAMILY TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hays submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hays submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,447
Tax year 2023
Assessed value
$33,253
Assessed 2024
Previous assessed
$29,857
+11.4% YoY
Effective rate
10.37%
On assessed value
Assessed land
$27,145
Assessed improvement
$6,108
Land market value
$108,580
Improvement market value
$24,430
Total market value
$133,010
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1957
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
6
Total area
7,200 SF
Lot
1.63 ac (71,003 SF)
APN
182-03-0-20-02-006.01
UPID
US33-1557223
Jurisdiction
ELLIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
6
Lot
1.63 ac
Current owner
From public records · entity-resolved
GSW PROPERTIES LLC WEGELE FAMILY TRUST
Entity
Free & Clear · 0 yrs held
Mailing address
1300 VINE ST, HAYS, KS 67601-3454
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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