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    1502 Rose Port Rd Elwood, KS 66024

    For Sale
    $280,000

    Other - Elwood, KS

    Lot size:
    3.67 Acres
    Days on Market:
    209
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for 1502 Rose Port Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-2
    APN
    089-31-0-30-01-008.00-0
    Parking features
    Garage
    Lot size
    3.67 Acres

    Building Details

    Year built
    1987
    Floors in Building
    1
    Architectural style
    Other

    SCHAUP REALTY LLC (816) 327-7653 [email protected]

    Listing agent MICHELLE SCHAUP (816) 327-7653

    Listing date May 13, 2025

    MLS# 2488731 Listing URL

    Copyright © 2025 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elwood Restaurant/Retail Opportunity

    Located just off Hwy 36 on Roseport Road in Elwood, Kansas, this property offers 3.67 acres of land. The main metal building, previously used as a restaurant, provides approximately 1,500 square feet of space and includes a primary sewer with a small grinder pump. Most of the equipment and benches will remain with the property. To the west side of the property, there is a large barn with a garage, encompassing approximately 2,400 square feet. The zoning is B-2 General Business. State incentives may be available, including income tax credits and workforce training credits, as the property is located in the Neighborhood Revitalization Program. The property is suitable for restaurants and retail properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Doniphan
    State
    Kansas
    Longitude
    -94.887016
    Latitude
    39.747879

    Nearby Similar for Sale

    • $549,000
      3.20 Acres

      Versatile Warehouse with Office Space

      8,500 SF commercial property with warehouse and office space.
      801 Woodsdale Rd, Elwood, KS 66024
      View Details

    FAQs

    What type of property is this?
    Restaurant - 3.67 acres with restaurant, barn, and business zoning.
    Where is this restaurant located?
    The property is located at 1502 Rose Port Rd Elwood, KS.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - 3.67 acres of land with development potential; - Zoned B-2 General Business; - Main metal building (approx. 1,500 sq ft) previously used as a restaurant
    (816) 327-7653
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    Elwood, KS 66024
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1502 Rose Port Rd Elwood, KS 66024
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