144 Nettleton AveBonner Springs, KS 66012

Property Details for 144 Nettleton Ave

Year built

1952

Construction

BRICK

Lot size

0.28 AC

Property size (Sq ft)

3,400 SF

Property type

Office buildings

APN

188599

APU

188599

Description

This exceptional three-story office building, located at 144 N Nettleton Avenue in Bonner Springs, Kansas, presents a unique investment opportunity. The property sits on a 0.28-acre lot and offers a total of approximately 5250 square feet of usable space. The building's layout includes a main floor with office space, a second floor featuring six individual offices, and a lower level providing additional office space and ample storage, conveniently accessible to the rear parking lot. The asking price for the entire building is $399,900. Alternatively, the owner is open to leasing the entire building at a rate of $11.50 per square foot. For tenants interested in leasing a portion of the building, the rate will be $14 per square foot. This versatile property is ideal for a variety of businesses seeking a well-established presence in Bonner Springs, offering a blend of individual offices and shared space. The property's location in Wyandotte County, Kansas, zip code 66012, provides easy access to local amenities and transportation routes. This is a prime opportunity to acquire a substantial office building in a desirable location, whether for ownership or lease. The building's layout and features make it suitable for a single tenant or multiple tenants, offering flexibility to meet diverse business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $631,344

  6.5%

  $582,779

  7%

  $541,152

• Comparable approach

  Method

  Valuation

  Relative Method

  $243,202

  Geo Method

  $243,202

• Alternative Use

  Use

  Valuation

  Residential

  $722,646

  Hospitality

  $661,939

  Educational

  $550,726

  Medical

  $569,666

  Retail

  $856,685

Location Insight

City

Bonner Springs

County

Wyandotte

State

Kansas

Latitude

39.0596

Longitude

-94.8848

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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