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Property profile & analytics
FOR LEASE
Office buildings

240 Levee Dr Manhattan, KS 66502

1,536 SF 1.24 ac lot Built 1972
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US33-0803751
Property summary
AI-generated overview

This exceptional 1,471 square foot office suite, located at 240 Levee Dr, Suite 1, offers a versatile and functional layout ideal for a variety of businesses. The space features 1-2 private offices, providing ample privacy for individual work or meetings. A welcoming reception/work area creates a professional first impression for clients and visitors. Additional amenities include a convenient break room, a dedicated storage room, and a restroom. The large open workspace is highly adaptable, allowing for flexible configurations to suit specific business needs. Tenants have the added benefit of being able to place signage on the building, enhancing visibility and brand recognition. The property is situated in a prime location just west of Menards, easily accessible from McCall Rd and Hayes Dr in Pottawatomie County. Utilities are handled efficiently with tenants responsible for electricity and a flat monthly fee of $75 for water, sewer, and trash services. This single-tenant occupancy ensures a peaceful and productive work environment. The property is classified as both Traditional and Creative Office space, catering to a wide range of potential tenants. This is a fantastic opportunity to secure a well-appointed and conveniently located office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1972
Total area 1,536 SF
Lot 1.24 ac (54,014 SF)
APN 313-08-0-30-03-002.00-0
UPID US33-0803751
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
  • Advanced Property Management Inc Property Management Company
  • Framework, LLC Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lauppe Properties LLC · 8 yrs held
Lauppe Properties LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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