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    /A Parsons, KS 67357

    Sponsored
    For Sale
    $125,000

    1.23 Acres, C-3 Zoning, $125,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.23-acre commercial property in Parsons, Kansas, presents a unique investment opportunity. Located at 0 Tolen Creek Sub N/a, the land is zoned C-3, opening doors to a wide range of commercial ventures. The property is subject to certain development stipulations. Specifically, JOBS, Inc. maintains final control over exterior design aspects of any improvements made to the property. Furthermore, a reversionary clause dictates a specific timeframe for construction commencement, ensuring timely development. This clause will be detailed in the final purchase agreement. Prospective buyers should be aware of and prepared to comply with these conditions. A significant advantage is the availability of city sewer services, eliminating the need for costly private sewer system installation. This ready-to-develop parcel offers substantial potential for entrepreneurs and investors seeking a strategic location in Parsons. The asking price of $125,000 reflects the property's prime location and development potential, considering the existing infrastructure and zoning allowances. Detailed plans and specifications regarding the reversionary clause and design controls are available upon request. Don't miss this chance to acquire a valuable piece of Parsons commercial real estate.

    Property Features for /A

    General Information

    Property type
    Other commercial real estate
    Lot Size
    53,579 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Parsons
    County
    Labette
    State
    Kansas
    Longitude
    -95.2682
    Latitude
    37.3435

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    FAQs

    What type of property is this?
    Commercial real estate - 1.23 Acres, C-3 Zoning, $125,000
    Where is this commercial real estate located?
    The property is located at /A Parsons, KS.
    What is the asking price?
    The asking price for this property is $125,000.
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    /A Parsons, KS 67357
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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

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    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
    /A Parsons, KS 67357
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