Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    727 Poyntz Ave Manhattan, KS 66502-6077
    Back to Search
    Property profile & analytics

    727 Poyntz Ave, Manhattan, KS 66502-6077

    View on Map
    • Office buildings
    • 34,063 SF
    • 0.86 lot acres
    Off-Market
    Property ID
    US33-0593788
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,035,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commerce Brokerage Services / Bank / Credit Union
    • Sink Gillmore & Gordon LLP: Dupuis Amy CPA / Accounting Firm / Tax Preparation
    • Wright Shelia E / Accounting Firm / Tax Preparation
    • Paradoxx Design / Interior Design
    • Commerce Trust / Financial Advisor

    Property Details for 727 Poyntz Ave

    Year built
    1970
    Lot size
    0.86 lot acres
    Zone code
    C-1
    Property type
    Office buildings
    APN
    204-18-2-70-09-002.00-0
    APU
    2041827009002000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    Riley
    State
    Kansas
    Longitude
    -96.5679
    Latitude
    39.1791
    CBSA code
    31740
    CBSA name
    MANHATTAN, KS MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $78,258
    $105,000
    $391,088
    $496,088
    -
    $420,000
    $1,564,350
    $1,984,350

    Comparable in this City

    • Value Estimation by Request
      4,456 SF

      1009 Poyntz Ave

      OFFICE BUILDING (MULTI-STORY)
      1009 Poyntz Ave, Manhattan, KS 66502
      View Details
    • Value Estimation
      $620,000
      6,726 SF

      801 Poyntz Ave

      OFFICE BUILDING (MULTI-STORY)
      801 Poyntz Ave, Manhattan, KS 66502-6054
      View Details
    • Value Estimation by Request
      2,736 SF

      405 11th St

      OFFICE BUILDING (MULTI-STORY)
      405 11th St, Manhattan, KS 66502
      View Details
    • Value Estimation
      $515,000
      3,179 SF

      621 Humboldt St

      OFFICE BUILDING (MULTI-STORY)
      621 Humboldt St, Manhattan, KS 66502-6034
      View Details
    • Value Estimation
      $4,145,000
      25,505 SF

      1990 Kimball Ave

      OFFICE BUILDING (MULTI-STORY)
      1990 Kimball Ave, Manhattan, KS 66502-3323
      View Details
    • Value Estimation
      $3,235,000
      19,921 SF

      1310 Research Park Dr

      OFFICE BUILDING (MULTI-STORY)
      1310 Research Park Dr, Manhattan, KS 66502-5000
      View Details

    Similar Nearby for Sale

    • $399,000
      0.17 Acres

      Manhattan Office Building For Sale

      Well-maintained commercial building with office and apartment spaces in Manhattan.
      1006 Poyntz Ave, Manhattan, KS 66502
      View Details
    • Contact for pricing
      3,600 SF

      Manhattan Office Space Available

      Office space available for rent in Manhattan, Kansas.
      2314 Anderson Ave, Manhattan, KS 66502
      View Details
    • Contact for pricing

      Vacant Multifamily Investment Opportunity

      Vacant multifamily property near Kansas State University.
      501 Moro St, Manhattan, KS 66502
      View Details
    • $900,000
      Pending

      Well-Maintained Apartment Building Near Campus

      Nine-unit apartment building near campus and Aggieville in Manhattan, Kansas.
      1019 Fremont St, Manhattan, KS 66502
      View Details
    • $324,900
      Pending

      Manhattan Multifamily Investment Opportunity

      Four-unit property near campus, fully rented through summer 2026.
      1114 Vattier St, Manhattan, KS 66502
      View Details
    • $675,000
      20,772.00 Acres

      Prime Development Location in Manhattan

      Commercial land near Aggieville, K-State, and City Park.
      513 N 16Th St, Manhattan, KS 66502
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,471 SF

      Manhattan Office Space Available

      Office space available for lease in Manhattan, Kansas.
      240 Levee Dr, Manhattan, KS 66502
      View Details
    • Contact for pricing
      1,840 SF

      Manhattan Office Space Available

      Office space available for rent in Manhattan, Kansas.
      915 Westport Pl, Manhattan, KS 66502
      View Details
    • Contact for pricing
      12,182 SF

      Manhattan Office Space Available

      Office space available for lease in Manhattan, Kansas.
      623 N Manhattan Ave, Manhattan, KS 66502
      View Details
    • Contact for pricing
      10,000 SF

      Manhattan Office Space Available

      Office space available for lease in Manhattan, Kansas.
      302 S 4Th St, Manhattan, KS 66502
      View Details
    • Contact for pricing
      10,500 SF

      Manhattan Warehouse Space Available

      10,500 SF warehouse space for lease in Manhattan, Kansas.
      2326 Skyvue Ln, Manhattan, KS 66502
      View Details
    • Contact for pricing
      2,600 SF

      Manhattan Warehouse Space Available

      2,600 SF warehouse space for lease in Manhattan, Kansas.
      701 S 16Th St, Manhattan, KS 66502
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    727 Poyntz Ave
    Manhattan, KS 66502-6077
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    727 Poyntz Ave, Manhattan, KS, 66502
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!