504 Poplar StPeabody, KS 66866

Property Details for 504 Poplar St

Year built

1968

Construction

FRAME

Lot size

0.33 AC

Property size (Sq ft)

1,452 SF

Property type

Medical offices

Property subtype

Medical centers

APN

252-04-0-20-32-004.00-0

APU

2520402032004000

Description

This exceptional 1,452 square foot office building is situated on a 0.33-acre lot in the peaceful town of Peabody, Kansas. Located at 504 N Poplar St, this property presents a unique opportunity for a variety of businesses. Previously used as a dental office, the building offers versatile space adaptable to numerous professional uses. The building's size and layout provide ample room for offices, reception areas, and potential expansion. The quiet, small-town setting of Peabody offers a tranquil work environment while maintaining convenient access to local amenities and transportation routes. The property's 0.33-acre lot provides ample parking and potential for outdoor space development. This is an excellent investment opportunity for entrepreneurs and businesses seeking a well-maintained office space in a desirable location. The asking price of $80,000 makes this a highly competitive offering in the current market. The property's previous use as a dental office suggests existing infrastructure suitable for medical or professional practices, but its adaptability extends to a wide range of commercial applications. Serious inquiries are encouraged to explore the full potential of this attractive property. Don't miss this chance to own a well-located and versatile office building in the heart of Peabody, Kansas.

• CAP approach

  CAP return

  Valuation

  6%

  $284,390

  6.5%

  $262,514

  7%

  $243,763

• Comparable approach

  Method

  Valuation

  Relative Method

  $103,862

  Geo Method

  $103,862

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $505,623

  Retail / Commercial

  $261,475

  Mixed-Use / Specialty

  $262,272

  Hospitality / Lodging

  $194,671

  Institutional / Educational

  $273,275

  Residential Income

  $319,731

  Multifamily

  $373,884

  Automotive / Energy

  $234,235

  Parking / Income-Based Land

  $79,123.70

  Restaurant / Food Service

  $140,099

  Healthcare / Senior Housing

  $267,182

Location Insight

City

Peabody

County

Marion

State

Kansas

Latitude

38.1698

Longitude

-97.1134

Property Tax & Assessments

FAQs

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