2701 State StIola, KS 66749

Property Details for 2701 State St

Year built

1971

Lot size

4.38 AC

Property size (Sq ft)

19,324 SF

Property type

Automotive properties

APN

076-23-0-20-02-006.00-0

APU

762302002006000

Description

This exceptional Southeast Kansas commercial property offers a substantial 29,000+ square foot warehouse and showroom, situated on a generous 12.5-acre lot. The building features a large 6,000 square foot showroom/retail/office area ideal for customer interaction and product display, complemented by over 22,000 square feet of versatile space suitable for storage, manufacturing, or garage use. Multiple large overhead doors ensure easy access and efficient movement of goods. The property boasts ample electrical capacity to support a wide range of industrial and commercial applications. The building itself is constructed of durable red iron, fully insulated, and equipped with multiple mini-splits, HVAC units, and infrared heaters for year-round climate control. Several dedicated office spaces provide ample room for administrative needs. This adaptable property presents a unique opportunity for businesses seeking expansion or a new location in a strategic Southeast Kansas market. The expansive acreage allows for potential future growth and outdoor operations. This is a rare combination of size, location, and functionality.

• CAP approach

  CAP return

  Valuation

  6%

  $4,780,090

  6.5%

  $4,412,390

  7%

  $4,097,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,483,259

  Geo Method

  $3,483,259

• Alternative Use

  Use

  Valuation

  Residential

  $3,722,016

  Hospitality

  $3,409,347

  Educational

  $2,836,536

  Medical

  $2,934,090

  Retail

  $4,412,390

Location Insight

City

Iola

County

Allen

State

Kansas

Latitude

37.9463

Longitude

-95.4072

Property Tax & Assessments

FAQs

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