200 Southwind Pl Manhattan, KS 66503-3186
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PUD · Manhattan, KSNo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.