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    Garden Center and Greenhouse Property Title is generated by Realmo AI

    1000 S Central Avenue, Chanute, KS 66720

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    For Sale
    $275,000

    COMMERCIAL - Chanute, KS

    Property size:
    6,850 SF
    Lot size:
    0.77 Acres
    Price / SF:
    $40/SF
    Added:
    Feb 27, 2025
    Days on Market:
    463
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for 1000 S Central Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C/I
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    048-28-0-20-23-002.00-0
    Lot size
    0.77 Acres

    Taxes and HOA fees

    Tax Description
    ROTH'S ADD (CHANUTE), BLOCK 2, LOT 1-4, CITY OF CHANUTE, NEOSHO COUNTY,KS
    Tax Annual Amount
    2008

    Utilities

    Utilities
    Electricity Available

    Building Details

    Year built
    1971
    Floors in Building
    1

    We can help!

    Listing Contact
    Stephanie Reitemeier

    Listing agent Stephanie Reitemeier License #00243229

    Listing office Golden Oak Real Estate LLC 410 Main St, Parsons, KS

    Listing date Feb 27, 2025

    MLS# 2532077

    Copyright © 2026 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.

    HighLights

    • Property totals 3,050 SF main building plus 2,600 SF greenhouse and a 1,200 SF garage.
    • Includes all real estate, equipment, and inventory for Hans Flowers operations.
    • Established flower, gift shop, greenhouse, and nursery business traces to 1938.
    • Current owners have operated the business for 34 years and are willing to stay part‑time to train during transition.
    • On‑site parking lot and electricity available.
    • Sellers are open to selling the property without the business.

    Overview

    This for-sale commercial property includes a main building with 3,050 square feet of space, plus 2,600 square feet of greenhouse area and a 1,200 square foot garage. The offering includes the real estate, equipment, and inventory associated with the current operation. The property is set up to support a mix of retail and plant-related production with greenhouse growing capacity and in-house nursery functions.

    The property is located at 1000 S Central Avenue in Chanute, Kansas, in zoning designated C/I. The site is 0.7713 acres, providing room for operational flexibility across the existing building and greenhouse improvements.

    The current business is Hans’ Flowers, operating as a florist, gift shop, and greenhouse and nursery business. The sellers are retiring and are willing to remain involved on a part-time basis to support a smooth transition for a new owner, including training. The buildings and grounds are described as flexible and may accommodate different business concepts beyond the floral operation. Sellers are also open to selling the property without the business itself, which may appeal to an owner-operator or investor looking to reposition the facility for another use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nursery and garden centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Hans' Flowers — 1000 S Central Ave, Chanute, KS 66720
    • B&B Outdoor Services — 315 N Santa Fe Ave, Chanute, KS 66720
    • Galt Pest Control Inc — 14 S Highland Ave, Chanute, KS 66720
    • A-1 Termite & Pest Control — 608 N Evergreen Ave, Chanute, KS 66720

    Location Insight

    • Map
    • Local Demand
    City
    Chanute
    County
    Neosho
    State
    Kansas
    Longitude
    -95.447414
    Latitude
    37.671099

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    FAQs

    What type of property is this?
    Nursery and garden center - For sale commercial property with greenhouse and nursery buildings, well suited for seasonal retail and light specialty operations.
    Where is this nursery and garden center located?
    The property is located at 1000 S Central Avenue Chanute, KS.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Property totals 3,050 SF main building plus 2,600 SF greenhouse and a 1,200 SF garage.; Includes all real estate, equipment, and inventory for Hans Flowers operations.; Established flower, gift shop, greenhouse, and nursery business traces to 1938.
    (620) 423-2209
    We can help!
    Listing Contact
    Stephanie Reitemeier
    Real Estate License ID: 00243229
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    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.

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