301 Magnolia Ave Columbus, KS 66725
This exceptional 1-story industrial property, located at 301 N Magnolia Avenue in Columbus, Kansas, presents a unique investment opportunity. Priced at $185,000, this versatile 10,890 square foot lot features a substantial metal building offering approximately 3,000 square feet of usable space. The building includes convenient overhead doors, a covered carport, and a detached two-car garage, providing ample storage and workspace. A significant advantage is the inclusion of a non-conforming living space within the main building, encompassing approximately 700 square feet. This area includes a bedroom, living area, and bathroom, offering flexibility for residential use or as an office. The remaining substantial area of the metal building is ideal for a variety of uses, including storage, a workshop, or various business ventures. The property's location in Cherokee County, Kansas, zip code 66725, offers easy access to local amenities and transportation routes. This property is a rare find, combining residential and commercial potential in a single, well-maintained structure. The combination of ample space, versatile features, and attractive price point makes this an exceptional opportunity for investors and business owners alike.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No 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.