1005 Washington StEllis, KS 67637
- Retail space
- 2,516 SF
For Sale
$120,000
View listing
Property Details for 1005 Washington St
- Year built
- 1929
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 2,516 SF
- Property type
- Retail space
- APN
- 153-08-0-10-23-007.00
- APU
- 153080102300700
Description
This exceptional investment opportunity presents three commercial storefronts totaling 2,792 square feet located at 1005 Washington St, Ellis, KS 67637. The property is zoned for commercial use and currently features a 66% occupancy rate across its three units. Each unit is individually metered. The asking price is $120,000, translating to $42.98 per square foot. The lease type is gross, with a remaining lease term of one year on at least one of the units. The sale includes the buildings and land only
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $570,029
- 6.5%
- $526,181
- 7%
- $488,596
-
Comparable approach
- Method
- Valuation
- Relative Method
- $762,867
- Geo Method
- $762,867
-
Alternative Use
- Use
- Valuation
- Residential
- $443,853
- Hospitality
- $406,567
- Educational
- $338,259
- Medical
- $349,892
- Retail
- $526,181
Location Insight
- City
- Ellis
- County
- Ellis
- State
- Kansas
- Latitude
- 38.9363
- Longitude
- -99.56
- CBSA code
- 25700
- CBSA name
- HAYS, 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
$3,986
$1,075
$22,108
$23,183
-
$4,300
$88,430
$92,730
Comparable in this City
Similar Nearby for Sale
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