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Property profile & analytics
OFF-MARKET
Retail space

318 Plum St Hutchinson, KS 67501-6940

1,232 SF 0.2 ac lot Built 1969
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0577130
Property summary
AI-generated overview

This exceptional 1,400 square foot freestanding retail storefront at 318 N. Plum Street in Hutchinson, Kansas, is available for $150,000. The property is ideally suited for an owner-user seeking a high-visibility location. Its prime position boasts excellent access from Plum Street and benefits from high traffic counts. A significant advantage is the inclusion of a drive-thru opportunity, enhancing operational efficiency and customer convenience. The building's strategic placement is further amplified by its proximity to a newly constructed Planet Fitness, ensuring a steady flow of potential customers. The property is offered as a Triple Net (NNN) lease, with a single tenancy. Adding to its practicality, a small storage shed is located behind the drive-thru lane, providing valuable supplementary space. This turnkey retail space presents a compelling investment opportunity in a thriving Kansas community. The property is located in Reno County, Kansas, zip code 67501. This is a rare opportunity to acquire a well-positioned, freestanding retail building with a drive-thru in a high-traffic area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1969
Construction CONCRETE BLOCKS
Total area 1,232 SF
Lot 0.2 ac (8,712 SF)
APN 126-13-0-10-01-002.00
UPID US33-0577130
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
  • The Smoke Stop LLC (Bike/Boat/Book/etc) Store
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
BLOCK, ALLEN J & JAMES H TRUST & METZGER, JEROME S
BLOCK, ALLEN J & JAMES H TRUST & METZGER, JEROME S
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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