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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Automotive properties

2701 State St Iola, KS 66749-9403

19,324 SF 4.38 ac lot Built 1971
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0419941
Property summary
AI-generated overview

This exceptional Southeast Kansas commercial property offers a substantial 29,000+ square foot warehouse and showroom, situated on a generous 12.5-acre lot. The building features a large 6,000 square foot showroom/retail/office area ideal for customer interaction and product display, complemented by over 22,000 square feet of versatile space suitable for storage, manufacturing, or garage use. Multiple large overhead doors ensure easy access and efficient movement of goods. The property boasts ample electrical capacity to support a wide range of industrial and commercial applications. The building itself is constructed of durable red iron, fully insulated, and equipped with multiple mini-splits, HVAC units, and infrared heaters for year-round climate control. Several dedicated office spaces provide ample room for administrative needs. This adaptable property presents a unique opportunity for businesses seeking expansion or a new location in a strategic Southeast Kansas market. The expansive acreage allows for potential future growth and outdoor operations. This is a rare combination of size, location, and functionality.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1971
Total area 19,324 SF
Lot 4.38 ac (190,793 SF)
APN 076-23-0-20-02-006.00-0
UPID US33-0419941
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
  • PrairieLand Partners Big Box & Wholesale Store Agricultural Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.01M
Owner & transaction history
AVEPLP LLC
AVEPLP LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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