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    OFF-MARKET
    Commercial real estate

    2492 Santa Fe Ave, Chanute, KS 66720

    3.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.2-acre commercial tract, located at 2492 S Santa Fe Avenue in Chanute, Kansas, presents a remarkable investment opportunity. Situated directly north of the Walmart property, this highly visible parcel boasts 220 feet of frontage on South Santa Fe Avenue and extends 633 feet in depth, offering significant development potential. Its strategic location within an established retail corridor ensures high traffic volume and excellent exposure for any business. The property's versatility allows for a wide range of uses, including retail, office, restaurant, convenience store, or a multi-tenant strip center. Priced competitively at $289,000 ($1,450 per frontage foot), this represents an outstanding value in a prime commercial location. The seller is open to considering proposals for dividing the property, with a shared center driveway and mutual access easements to be established in the event of a division. This presents a unique opportunity to acquire a portion of this highly desirable land, tailored to specific business needs. Don't miss this chance to secure a prominent location in a thriving commercial area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.2 ac (139,392 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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