Technical
Financial
Distress signals
Property profile

200 W Main St Mulvane, KS 67110

FOR SALE
Retail space
Property ID
US33-0343556
1,736 SF 0.04 ac lot Built 1910
Entity Owned Free & Clear
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Property summary

AI-generated overview

This Class A, 1,748 sq ft office building in downtown Mulvane, Kansas, presents a compelling investment opportunity. Located at 200 W Main St, 67110, this single-tenant property boasts a 100% occupancy rate with Edward Jones, a financially strong tenant who recently exercised a five-year lease renewal. The building features a newly installed TPO roof. The asking price is $199,000, representing a strong 8.4% capitalization rate and a price per square foot of $113.84. The annual net rent is $16,800, under a NNN lease structure. The property's prime location in the heart of Mulvane places it amongst thriving local businesses, including bakeries, restaurants, and various retail shops. This presents a stable, income-producing asset with a long-term tenant in a vibrant and growing community. The building is a corner lot, offering excellent visibility and accessibility. This is an exceptional opportunity for investors seeking a low-risk, high-return investment in a desirable Kansas market. The property is a single building on a single lot.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction FRAME
Total area 1,736 SF
Lot 0.04 ac (1,742 SF)
APN 013-06-0-10-06-007.00-0
UPID US33-0343556

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Financial Advisor

Location

200 W Main St Mulvane, KS 67110
Mulvane metro Census 962100 WICHITA, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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