Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2652 N Cherokee Road Garden City, KS 67846

    View on Map
    Claim this Listing
    Picture of Commercial land at 2652 N Cherokee Road, Garden City, KS
    For Sale
    $135,000

    COMMERCIAL - Garden City, KS

    Lot size:
    1.50 Acres
    Added:
    Feb 10, 2026
    Days on Market:
    78
    Last Refresh:
    Apr 29 at 7:06 pm

    Property Features for 2652 N Cherokee Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    272-04-0-00-02-003-00-0
    Lot size
    1.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot Six (6), Block Three (3), Northeast Business Center First Addition to Garden City, Finney County, Kansas, a subdivision located in SW/4 of 4-24-32. Except all oil, gas and/or mineral rights.
    Tax Annual Amount
    2749

    We can help!

    Listing Contact
    Jeana Anliker
    Jeana Anliker

    Listing agent Jeana Anliker License #BR00235894

    Listing office Coldwell Banker The Real Estate Shoppe 1145 E Kansas Plaza, Garden City, KS

    Listing date Feb 10, 2026

    MLS# 100939 Listing URL

    Copyright © 2026 Kansas High Plains Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Garden City Commercial Land Parcel

    This 1.5-acre parcel, zoned C-1, presents a prime opportunity for development. It offers high visibility and convenient street access within a high-traffic area. The location is suitable for professional offices, retail spaces, or service-based businesses. Utilities are located nearby, facilitating development. The property is located in Garden City, Kansas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Garden City
    County
    Finney
    State
    Kansas
    Longitude
    -100.843527
    Latitude
    37.990657

    Nearby Similar for Sale

    • $750,000
      3,200 SF

      Garden City Commercial Live/Work Space

      Versatile commercial property with shop, barndominium, and ample storage.
      795 Midstates Dr., Garden City, KS 67846
      View Details
    • $920,000

      Profitable Gas Station Investment Opportunity

      Gas station and convenience store in high-traffic Garden City corridor.
      1505 Buffalo Jones Avenue, Garden City, KS 67846
      View Details
    • $900,000

      Turnkey Liquor Store on Kansas Avenue

      High-visibility commercial property with existing liquor store setup on Kansas Avenue.
      1505 E Kansas Avenue, Garden City, KS 67846
      View Details
    • $225,000

      Garden City Car Wash Investment

      Operating car wash on 0.48 acres in Garden City, KS.
      1114 Bancroft Street, Garden City, KS 67846
      View Details
    • $410,000

      Commercial Property in Garden City

      Commercial property with long-term tenants and versatile owner-user potential.
      1107 E Fulton Street, Garden City, KS 67846
      View Details
    • $825,000

      Garden City Investment Opportunity

      Commercial property in downtown Garden City, Kansas, for sale.
      102 N 9th Street, Garden City, KS 67846
      View Details
    • $906,048

      Garden City Commercial Land

      1.6 acres in high-traffic Legacy Crossing district.
      2010 Harding Avenue, Garden City, KS 67846
      View Details
    • $150,000

      Established Coffee House Business

      Profitable coffee shop business for sale in Garden City.
      301 Main Street, Garden City, KS 67846
      View Details
    • $1,359,072

      Prime Commercial Land Opportunity

      2.4 acres in high-growth area, ideal for development.
      2031 Harding Avenue, Garden City, KS 67846
      View Details
    • $995,000

      COMMERCIAL - Garden City, KS

      2414 E Kansas Avenue, Garden City, KS 67846
      View Details
    • $2,650,000
      18,512 SF

      Garden City Multifamily Investment Opportunity

      54-unit apartment complex in Garden City, Kansas with value-add potential.
      1408 Buffalo Jones Avenue, Garden City, KS 67846
      View Details
    • $250,000

      Garden City Commercial Land Opportunity

      1.32 acre commercial land in a high-growth Garden City corridor.
      2485 N Jennie Barker Road, Garden City, KS 67846
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.5-acre C-1 zoned parcel in high-traffic area.
    Where is this commercial land located?
    The property is located at 2652 N Cherokee Road Garden City, KS.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: 1.5‑acre C‑1 zoned parcel suitable for various commercial uses.; Outstanding visibility and easy street access.; Located in a high‑traffic area.
    (620) 805-4543
    We can help!
    Listing Contact
    Jeana Anliker
    Jeana Anliker
    Real Estate License ID: BR00235894
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!