2492 Santa Fe Ave, Chanute, KS 66720
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.