512 E Monroe Street

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512 E Monroe Street

Iola, KS 66749
Asking Price
$145K
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property priced at $145,000
  • Located at 512 E Monroe Street in Iola
  • Facility serves the Allen County regional industrial market
  • Ideal for distribution storage or light manufacturing uses
  • Accessible location supports regional logistics and business operations

What's Special

Priced at $145,000, this industrial warehouse facility provides a functional footprint for businesses requiring dedicated storage or distribution space in Iola, Kansas. The property sits within a community that serves as a regional hub in Allen County, benefiting from connectivity to major area roadways that facilitate the movement of goods across the southeastern portion of the state. Investors and business owners will find the location suitable for light manufacturing, equipment storage, or logistics operations that prioritize regional access and straightforward operational utility. This asset presents a practical acquisition for parties seeking a warehouse solution in an established market area. Given its industrial zoning classification, the structure is well-suited for diverse commercial applications ranging from wholesale distribution to specialized craft production. Its position in the 66749 ZIP code places it within reach of primary transportation corridors, supporting efficient supply chain management for local or regional enterprises.

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NOI
$80,000
Cap Rate
55.17%
DSCR
9.29
Strong
Cash-on-Cash
164.12%
Monthly Payment
$717.381
Annual Cash Flow
$71,391.429

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