1000 30Th AveHutchinson, KS 67502

  • Medical offices
  • 3,329 SF
For Sale
$425,000 View listing

Property Details for 1000 30Th Ave

Year built
1979
Construction
FRAME
Lot size
0.68 AC
Property size (Sq ft)
3,329 SF
Property type
Medical offices
Property subtype
Medical centers
APN
029-31-0-40-15-001.00
APU
29310401500100

Description

This exceptional commercial property, located at 1000 W 30th Ave in Hutchinson, Kansas, presents a compelling investment opportunity. The building boasts a substantial 2,091 square feet of space, offering ample room for a variety of commercial uses. Situated on a generous 1.08-acre lot, the property provides ample parking and potential for expansion or future development. The asking price is $425,000, representing a strong value in the current market. The property's location in Hutchinson offers easy access to major transportation routes and a thriving local economy. The building's versatile layout and substantial size make it ideal for a range of businesses, from retail and office spaces to light industrial operations. Its solid construction and well-maintained condition ensure a smooth transition for any new owner. This is a rare opportunity to acquire a significant commercial property in a desirable location at an attractive price point. Serious inquiries are encouraged to explore the potential of this exceptional investment. The property is ready for immediate occupancy, allowing for a quick start to operations. Further details and viewing arrangements can be made upon request. Don't miss this chance to secure a prime commercial asset in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $513,077
    6.5%
    $473,610
    7%
    $439,781
  • Comparable approach

    Method
    Valuation
    Relative Method
    $400,545
    Geo Method
    $400,545
  • Alternative Use

    Use
    Valuation
    Residential
    $587,276
    Hospitality
    $537,942
    Educational
    $447,561
    Medical
    $462,954
    Retail
    $696,207

Location Insight

City
Hutchinson
County
Reno
State
Kansas
Latitude
38.087
Longitude
-97.9097
CBSA code
26740
CBSA name
HUTCHINSON, 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
2023
$14,207
$24,708
$62,030
$86,738
-
$98,830
$248,120
$346,950

FAQs

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