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Property profile & analytics
OFF-MARKET Estimated value $1,490,000
Medical Office Space

2020 Central Ave Dodge City, KS 67801-6411

32,958 SF 3 ac lot Built 1989
Entity Owned Absentee Owner Free & Clear
Property ID
US33-1489338
Property summary
AI-generated overview

This exceptional 31,532 square foot medical office building presents a unique investment opportunity in Dodge City, Kansas. Built in 1989, this two-story facility sits on a three-acre lot and boasts ample parking. The building features over ten waiting rooms, a lab, eight nurse stations, multiple breakrooms, storage areas, business and records offices, a pharmacy, six X-ray rooms, and numerous conference rooms. In addition to these amenities, there is an abundance of patient/exam/office space. The property is move-in ready, complete with existing equipment and furnishings. The building is zoned for commercial and industrial use and offers handicap access to all three levels. Its prime location within a thriving neighborhood of businesses and residences makes it an ideal investment for expansion or continued operation as a medical facility. The asking price is $2,949,900, translating to $93.55 per square foot. This represents a compelling opportunity to acquire a fully functional, well-equipped medical center with significant potential. The property's size and features provide flexibility for a variety of medical uses and expansion possibilities.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1989
Total area 32,958 SF
Lot 3 ac (130,680 SF)
APN 086-23-0-40-06-002.00-0
UPID US33-1489338
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$1.49M
Owner & transaction history
MEDICAL CENTER BLDG INC
MEDICAL CENTER BLDG INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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