3804 Vanesta DrManhattan, KS 66503

Property Details for 3804 Vanesta Dr

Lot size

1.08 AC

Property type

Parking lots & garages

APN

212-03-0-30-05-021.01-0

APU

2120303005021010

Description

This 1,871 square foot creative office space in Ottawa County offers a unique opportunity for businesses seeking a versatile location. Previously a quick-service restaurant, the property boasts a convenient drive-thru window, perfect for various retail concepts. The single-tenant occupancy provides flexibility and control, while the ample parking (20+ spaces) ensures convenient access for customers and employees. Located just five minutes from Downtown Miami, OK, this property enjoys excellent visibility and accessibility. Its adaptable layout makes it suitable for a wide range of businesses, including bakeries, cafes, dispensaries, flower shops, ice cream parlors, wine and liquor stores, or similar ventures. Whether you're launching a new enterprise or expanding an existing one, this property's prime location and versatile design offer significant potential for growth and success. The building's 1,871 square feet provide ample space for operations, while the existing infrastructure presents cost-saving advantages for potential tenants. The drive-thru window alone offers a unique selling proposition for many businesses. This is a rare opportunity to secure a well-situated, adaptable commercial space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $11,951,468

  6.5%

  $11,032,124

  7%

  $10,244,115

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,480,125

  Geo Method

  $8,480,125

• Alternative Use

  Use

  Valuation

  Residential

  $9,306,009

  Hospitality

  $8,524,255

  Educational

  $7,092,080

  Medical

  $7,335,987

  Retail

  $11,032,124

Location Insight

City

Manhattan

County

Riley

State

Kansas

Latitude

39.2092

Longitude

-96.6363

CBSA code

31740

CBSA name

MANHATTAN, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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