375 Grant Ave Junction City, KS 66441-4201
This exceptional 29,934-square-foot flex space, formerly an auto dealership and service center, presents a unique investment opportunity in Junction City, Kansas. Situated on a five-acre lot, this single-tenant property boasts 13 drive-in bays, ideal for various industrial, warehouse, or manufacturing uses. Built in 1984, the building features a large, mostly open floor plan, offering significant adaptability for diverse business needs. The property's strategic location in Junction City, known as "Fort Riley's Hometown," provides easy access to Interstate 70 and Highway 77, serving a substantial trade area encompassing over 65,000 residents, including Junction City and Fort Riley. Its proximity to Manhattan, Kansas (home of Kansas State University), further enhances its appeal. The expansive parking lot complements the building's functionality. The CS zoning allows for a range of possibilities, and there's potential for future land acquisition and expansion to the east, offering significant growth potential. This property is ready for immediate occupancy, with the entire 29,934 square feet currently vacant. The substantial size and versatile layout make this an attractive option for businesses seeking a significant footprint in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CS · Junction City, KSJunction City. Always verify with local authorities before improvements.
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.