240 Levee DrManhattan, KS 66502

Property Details for 240 Levee Dr

Year built

1972

Lot size

1.24 AC

Property size (Sq ft)

1,536 SF

Property type

Office buildings

APN

313-08-0-30-03-002.00-0

APU

3130803003002000

Description

This exceptional 1,471 square foot office suite, located at 240 Levee Dr, Suite 1, offers a versatile and functional layout ideal for a variety of businesses. The space features 1-2 private offices, providing ample privacy for individual work or meetings. A welcoming reception/work area creates a professional first impression for clients and visitors. Additional amenities include a convenient break room, a dedicated storage room, and a restroom. The large open workspace is highly adaptable, allowing for flexible configurations to suit specific business needs. Tenants have the added benefit of being able to place signage on the building, enhancing visibility and brand recognition. The property is situated in a prime location just west of Menards, easily accessible from McCall Rd and Hayes Dr in Pottawatomie County. Utilities are handled efficiently with tenants responsible for electricity and a flat monthly fee of $75 for water, sewer, and trash services. This single-tenant occupancy ensures a peaceful and productive work environment. The property is classified as both Traditional and Creative Office space, catering to a wide range of potential tenants. This is a fantastic opportunity to secure a well-appointed and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $265,449

  6.5%

  $245,030

  7%

  $227,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $109,870

  Geo Method

  $109,870

• Alternative Use

  Use

  Valuation

  Residential

  $303,837

  Hospitality

  $278,313

  Educational

  $231,554

  Medical

  $239,517

  Retail

  $360,194

Location Insight

City

Manhattan

County

Pottawatomie

State

Kansas

Latitude

39.1922

Longitude

-96.552

CBSA code

31740

CBSA name

MANHATTAN, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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