530 8Th StJunction City, KS 66441

Property Details for 530 8Th St

Year built

1963

Construction

FRAME

Lot size

0.92 AC

Property size (Sq ft)

16,400 SF

Zone code

IH

Property type

Office properties

APN

111-01-2-40-03-006.00-0

APU

1110124003006000

Description

This exceptional 18,625-square-foot industrial property, located at 530 E 8th St, Junction City, Kansas 66441, presents a compelling investment opportunity. Priced at $559,000 ($30.01/sq ft), this versatile space boasts a blend of distribution, warehouse, and retail areas, offering significant flexibility for diverse business needs. Conveniently situated just off Interstate 70, it enjoys easy access from both the east (via 6th St/US-40) and west (via Washington St/US-77) sides of downtown Junction City. The property includes a fenced exterior area, enhancing security and functionality. A party wall agreement with the neighboring property is in place. The anticipated occupancy date is June 27, 2024. The lot size is not specified. This property is ideal for businesses seeking a strategic location with ample space and convenient access to major transportation routes. Its adaptable layout makes it suitable for a wide range of uses, from warehousing and distribution to retail operations. The combination of location, size, and versatility makes this an attractive proposition for discerning investors.

• CAP approach

  CAP return

  Valuation

  6%

  $2,834,225

  6.5%

  $2,616,208

  7%

  $2,429,336

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,173,092

  Geo Method

  $1,173,092

• Alternative Use

  Use

  Valuation

  Residential

  $3,244,097

  Hospitality

  $2,971,576

  Educational

  $2,472,316

  Medical

  $2,557,343

  Retail

  $3,845,825

Location Insight

City

Junction City

County

Geary

State

Kansas

Latitude

39.0304

Longitude

-96.8214

CBSA code

31740

CBSA name

MANHATTAN, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].