1632 Industrial RdEmporia, KS 66801

  • Super regional malls
  • 241,286 SF
For Lease
$10/SF/YR View listing

Property Details for 1632 Industrial Rd

Year built
1975
Lot size
23.70 AC
Property size (Sq ft)
241,286 SF
Property type
Super regional malls
APN
193-08-0-10-04-006.00-0
APU
1930801004006000

Description

Flinthills Mall, a vibrant 290,000 square foot retail center in Emporia, Kansas, offers exceptional opportunities for businesses seeking prime commercial space. Strategically located near the intersection of I-35 and the Kansas Turnpike, this Class C property enjoys high visibility and accessibility within Emporia's thriving commercial district. The mall features two single-story buildings constructed in 1972 and extensively renovated in 2016. Improvements include LED lighting, new carpeting and flooring in common areas, upgraded seating, and an elastomeric roof coating. Seven spaces are currently available, ranging from 630 to 6,700 contiguous square feet, with a minimum divisible space of 630 square feet. The property boasts a total of 34 suites and ample parking with 1239 spaces. A 1.15 load factor and a building FAR of 0.32 further enhance its appeal. Annual property taxes are $0.41 per square foot. On-site property management and maintenance staff ensure smooth operations. The mall hosts numerous community events throughout the year, including food truck rallies, craft shows, and seasonal celebrations, driving foot traffic and creating a lively atmosphere. Anchor tenants include Sutherland Lumber and Dunham's Sports, complemented by a diverse mix of retailers such as Maurices, Buckle, Claire's, Bath & Body Works, and more, attracting a broad customer base. The property is zoned commercial and situated at the intersection of Industrial Road and 18th Avenue.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $61,297,096
    6.5%
    $56,581,932
    7%
    $52,540,368
  • Comparable approach

    Method
    Valuation
    Relative Method
    $43,493,152
    Geo Method
    $43,493,152
  • Alternative Use

    Use
    Valuation
    Residential
    $47,728,976
    Hospitality
    $43,719,488
    Educational
    $36,374,100
    Medical
    $37,625,060
    Retail
    $56,581,932

Location Insight

City
Emporia
County
Lyon
State
Kansas
Latitude
38.4177
Longitude
-96.2152
CBSA code
21380
CBSA name
EMPORIA, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$118,439
$490,298
$472,388
$962,686
-
$1,961,190
$1,889,550
$3,850,740

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