19874 Kellogg Dr Goddard, KS 67052-9206
- Warehouses
- 3,600 SF
- 0.34 lot acres
Current Use by Public Records
- Goddard Storage / Storage Facility / Automobile Storage Facility
- U-Haul Neighborhood Dealer / Van Rental Agency / Trailer Rental Service
Property Details for 19874 Kellogg Dr
- Year built
- 1994
- Lot size
- 0.34 lot acres
- Property size
- 3,600 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 087-149-29-0-34-01-004.00-A
- APU
- 087149290340100400A
Description
This exceptional investment opportunity presents a well-established self-storage facility in Goddard, Kansas. The property, situated on approximately 2.2 acres, comprises eight self-storage buildings and a four-bay car wash. The facility boasts a total of 211 units, including 176 climate-controlled enclosed units and 35 uncovered parking spaces. Constructed in 1994, the buildings feature durable steel construction and concrete floors, ensuring longevity and low maintenance. The property offers 25,200 square feet of enclosed rentable storage space. Security features include a fenced perimeter with remote lease-up/lockout capabilities, tenant entry control, and a cloud-based surveillance system. Convenient city water and sewer services are in place. The property is zoned General Business District (C2), allowing for flexibility and potential future expansion. Financial projections indicate a compelling 7% capitalization rate, making this a highly attractive investment prospect. The property's strong occupancy rates and established tenant base contribute to its consistent profitability. This turnkey operation offers immediate cash flow and significant upside potential for a savvy investor seeking a stable and growing asset in a desirable location. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $365,000
- 7%
- $340,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $315,000
- Mixed-Use
- $415,000
- Hospitality
- $355,000
- Educational
- $390,000
- Residential Income
- $315,000
- Energy
- $380,000
- Income-Based Land
- $430,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Goddard
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.5657
- Latitude
- 37.6652
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
