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Property profile & analytics
OFF-MARKET Estimated value $565,000
Office buildings

200 Southwind Pl Manhattan, KS 66503-3186

9,353 SF 0.75 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0211232
Property summary
AI-generated overview

This exceptional two-story office building, situated at 200 Southwind Place in Manhattan, Kansas, presents a compelling investment opportunity. Boasting a total of 9,383 square feet, with 6,465 square feet of net rentable space, the property is currently 100% occupied, generating immediate income. Constructed in 1985, the building is zoned PD and sits on a 0.75-acre lot within the desirable Seth Child Commons. Its strategic location offers easy access to major thoroughfares, including the K-18/Fort Riley Blvd and K-113/Seth Child Rd interchange. The property benefits from its proximity to a significant retail center anchored by Target, encompassing 188,570 square feet and featuring a diverse mix of national tenants, restaurants, and shopping options. This creates a vibrant and convenient environment for tenants and enhances the property's overall value. The building is ADA accessible and equipped with an elevator, ensuring convenience and accessibility for all occupants. This multi-tenant office building is ideal for owner-occupants seeking a prime location or investors looking for a stable, high-occupancy income stream. The asking price is $775,000. This presents a rare chance to acquire a well-situated, fully occupied commercial property in a thriving Kansas community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1985
Total area 9,353 SF
Lot 0.75 ac (32,670 SF)
Zoning code PUD
APN 216-13-0-30-03-022.00-0
UPID US33-0211232
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
  • AEDA LLC (Bike/Boat/Book/etc) Store Corporate Office
  • Weese Counseling Services, LLC Crisis Center Medical Clinic
  • Jill Abernathy LLC Counselor Mental Health Service
  • CalmerFitness Physician
  • Foot Health Center Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$618k
Blend (final) Blend
$565k
Owner & transaction history
BUSSEY, LEWIS E TRUST
BUSSEY, LEWIS E TRUST
Zoning & alternative use
PUD · Manhattan, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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