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    1300 S Spruce St N/A Coffeyville, KS 67337

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    1300 S Spruce St N/A Coffeyville, KS 67337


    • Warehouses
    • 4,800 SF
    • 0.42 lot acres
    Cinderblock Storage Complex For Sale For Sale
    $140,000
    4,800 SF

    Cinderblock Storage Complex For Sale

    Well-structured storage complex with refurbishment and security upgrades underway.

    1300 S Spruce N/A, Coffeyville, KS 67337
    View Listing
    Property ID
    US33-0650759
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Warehouses

    Property Details for 1300 S Spruce St N/A

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.42 lot acres
    Property size
    4,800 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    221-02-0-10-18-015.00-0
    APU
    2210201018015000

    Description

    This exceptional investment opportunity presents a well-constructed cinderblock storage complex situated on a 0.44-acre lot in Coffeyville, Kansas, at 1300 S Spruce. The property features a main office space measuring 20x40 feet, complete with a half-bath. The complex boasts a variety of unit sizes to accommodate diverse storage needs, including three 10x10 units, fourteen 10x20 units, two 20x20 units, and four convenient 5x10 units. Currently undergoing significant renovations, the units are receiving fresh paint, new fascia, and repairs to rain gutters and downspouts. Enhancements also include newly installed exterior security lights, fencing, and doors. Future improvements will include the addition of video cameras and updated locks for enhanced security. The property benefits from existing security provided by Eagle Security at Acme Foundry. The absence of comparable storage facilities in Coffeyville creates a high demand and strong potential for rental income. Projected monthly rental income is estimated between $2,075 and $2,585. Currently, three tenants occupy six units at discounted rates until renovations are complete. Upon completion of the renovations, this property is poised to deliver a substantial return on investment. This is a rare opportunity to acquire a turnkey storage facility in a market with limited competition. The asking price is $140,000.


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    Location Insight

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    • Local Demand
    City
    Coffeyville
    County
    Montgomery
    State
    Kansas
    Longitude
    -95.6219
    Latitude
    37.0295
    CBSA code
    17700
    CBSA name
    COFFEYVILLE, KS MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $2,395
    $2,915
    $7,228
    $10,143
    -
    $11,660
    $28,910
    $40,570
    View Listing
    More about this property
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