2919 E Us Highway 54, Andover, KS 67002

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Listing courtesy of Listing Agent: Braden McCurdy from Listing Office: McCurdy Real Estate & Auction, LLC. OFF: 316-867-3600

List Price
$1,300,000
Status
ACTIVE
MLS#
SCK669176
Year Built
2023
Acres
12.10
County
Butler

Property Description

Exceptional investment opportunity with major highway frontage, visibility, strong current income and significant expansion potential! Located just east of Andover, KS, near the east side of Wichita in a rapidly growing area, this 12.1± acre RV storage facility offers covered and uncovered storage along with multiple additional income opportunities. Currently, only approximately 4 acres have been developed, leaving nearly 75% of the property available for future expansion or redevelopment. At full buildout, the site could accommodate 400+/- RV storage spaces. Constructed in 2023, the property currently is grossing $8,970 monthly and growing monthly. The property features five metal storage buildings, each containing 8 covered spaces measuring 12x40, for a total of 40 covered units. Approximately 5 spaces are currently vacant, with covered spaces leasing at $145/month. The covered units are suitable for RVs and campers, boats, work trucks and trailers. Buildings feature gravel floors, 16+ ft. sidewall heights, and ceiling clearance suitable for virtually any size RV. Additional uncovered storage spaces include a combination of gravel and concrete parking areas, currently leasing at $50/month, with approximately 70 spaces currently leased and approximately 8 vacancies remaining as of August 2026. The owner is also constructing a new 200x50 gravel pad to accommodate approximately 16 additional outdoor RV storage spaces, which will also lease at $50/month. Multiple additional income opportunities add to the property's potential: One 40-ft. shipping container is currently leased at $195/month, with additional ones ordered and on the way. The northwest corner of the parking lot is leased to a dumpster company for $200/month for dumpster storage. All Size Shed currently displays sheds on the northeast corner of the parking lot. A custom phone number routes prospective buyers directly to the landlord, who fields the calls and participates in revenue generated from shed sales at this location. The property is located directly on US Hwy 54, one of Kansas' primary east-west corridors, just east of Andover Rd. and minutes from east Wichita. This highly visible location benefits from daily traffic counts exceeding 20,000 vehicles and sits along a major travel route connecting residents and travelers to regional lakes and recreational destinations. The property is fully fenced and features two electric security gates and lighting throughout. Also included is an owner's utility shed equipped with 200-amp electrical service. Tenants have the option to purchase personal property insurance either through a private carrier or directly through the owner. August 2026 rent roll/income, and annual revenue report, is available in the Property Information Packet. The property is zoned Conditional Use Permit (CUP), and a copy of the CUP can also be found in the Property Information Packet on our website. Strong current income, multiple supplemental revenue streams, major highway exposure and substantial undeveloped acreage combine to create a compelling opportunity for investors or entrepreneurs looking to expand a high-demand storage asset or explore additional business opportunities.

Additional Information

Taxes
$17,393
Heating
None
Cooling
None
Construction
Metal Siding
Roof
Metal

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