B L D G S I Z E ±1,200 SF

Z O N I N G

The Property is zoned “M-1” Light Manufacturing District and is intended for light manufacturing, warehousing and other limited industrial uses which create a minimum amount of nuisance outside the plant and are not noxious or offensive by reason of emission of smoke, dust, fumes, odors, noise, Or vibrations beyond the confines of buildings.

P A R C E L

0872504002003000

P R O P E R T Y T Y P E

A D D R E S S 521 W Railroad Street, Independence, KS 67301

$ 1 S T A R T I N G B I D M E E T S R E S E R V E !O N L I N E A U C T I O N

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F O R M O R E I N F O R M A T I O N

P R O P E R T Y O V E R V I E W

Industrial

A D A M S K L A V E R( 3 0 1 ) 7 0 6 - 4 6 1 9a d a m . s k l a v e r @ c b r e . c o m

A B S O L U T E $ 1 A U C T I O NF O R M E R A T & T F A C I L I T Y : I N D E P E N D E N C E , K S

L O T S I Z E

±0.54 AC

B E L O W R E P L A C E M E N T C O S T W I T H V A L U E A D D O P P O R T U N I T Y T O B A C K F I L L / R E D E V E L O P S P A C E O R

O C C U P Y A S O W N E R U S E R

CBRE is pleased to present a ±1,200 Square Foot industrial facility (“Property”) located at 521 W. Railroad Street in Independence, KS. Positioned on ±0.54 acres, the Property is zoned M-1 which allows for a variety of industrial uses. The Property was formerly used as an AT&T facility and offers significant value enhancement opportunities for owner users or investors through either repositioning or long term lease-up. The Industrial vacancy rate in the Independence/Coffeyville market is currently ±29.7% and average Industrial rents are ±$4.40 PSF according to CoStar. The Property surrounds residential communities with a median home value of ±$80,824 and as of 2019 has approximately ±12,057 individuals residing within a 5-mile radius.

No warranty nor representation, expressed nor implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change in price, rental, or other conditions, withdrawal

without notice, and to any special listing conditions, imposed by our principals.

Independence has a strong industrial base with a "Hometown Atmosphere" and consider ourselves to be, in part, a rural community with many farming sites in the area surrounding the City. Independence also has a historical

downtown district and was named one of the first Main Street cities in Kansas. Independence is an industrial "hub” for Southeast Kansas and the home of many successful businesses that conduct business in a global market.

Independence’s strong industrial base has targeted industries of Aerospace and Sheet Metal Fabrication. With companies like Cessna Aviation, Kansas Aviation, Aviation Controls, VT Hackney, Matcor, and several other nationally known companies, its no wonder that business is growing in Independence. The unique charm of

Independence makes it stand out among communities across America. Independence is in close proximity to major markets and draws a workforce from a population base of close to 200,000 people on a daily basis.

2 0 1 9 D E M O G R A P H I C S ( 5 - M i l e )

4 , 8 5 7H O U S E H O L D S

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$ 1 0 5 , 6 1 3 , 0 0 0T O T A L S P E C I F I E D C O N S U M E R S P E N D I N G

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B U S I N E S S E S

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E M P L O Y E E S

F O R M O R E I N F O R M A T I O N

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Independence Jr High School

Independence Memorial Hall Independence CBD