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    Property profile & analytics
    OFF-MARKET Estimated value $1,945,000
    Warehouses

    1401 Spencer Rd Newton, KS 67114-4126

    20,360 SF 12.76 ac lot Built 1980
    Entity Owned Free & Clear
    Property ID
    US33-0158284
    Google Maps
    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1980
    Total area 20,360 SF
    Lot 12.76 ac (555,826 SF)
    Zoning code I-2
    APN 095-21-0-40-02-005.00-0
    UPID US33-0158284
    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
    • Industrial Metal Fab Inc Metal Fabrication Plant Factory
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.13M
    Comparable Approach Comparable
    $1.76M
    Blend (final) Blend
    $1.95M
    Owner & transaction history
    INDUSTRIAL METAL FAB INC
    INDUSTRIAL METAL FAB INC
    Zoning & alternative use
    I-2 · Newton, KS
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Zoning description

    I-2 General Industrial District I-3 Heavy Industrial District F-P Flood Plain Overlay District H-D Historic and Cultural Overlay District AIR-1 Airport Zoning District Apply for a Permit Apply for a Building, Electrical, Mechanical, or Plumbing or Sewer Tap Permit online or in person. Apply for a Contractor's License Apply for a contractor's license online,…

    Zone name General Industrial District
    General category INDUSTRIAL
    Zone area 946.26 ac
    Source Building, Zoning & Planning | City of Newton, KS
    Top alternative use upside
    Restaurant $2.7M +97.6%
    Auto repair, garage $2.2M +66.4%
    Office building $2.2M +60.5%
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