Property profile

2908 Santa Fe Ave Chanute, KS 66720

OFF-MARKET
Warehouses
Property ID
US33-0539334
5,000 SF 1.48 ac lot Built 1980
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 5,000 square foot commercial property is ideally situated on a main retail thoroughfare in Chanute, Kansas, just south of Walmart. The building offers a highly desirable blend of office and storage space, making it perfect for a variety of businesses. Approximately 3,000 square feet are finished as modern office space, providing ample room for administrative functions, client meetings, and employee workstations. The remaining 2,000 square feet comprise versatile storage, shop, or warehouse space, featuring a convenient single overhead door at the rear of the building for easy loading and unloading of goods. This feature is particularly beneficial for businesses requiring storage or handling of inventory. The property's prime location ensures high visibility and accessibility, placing it within easy reach of a substantial customer base. Its proximity to a major retailer like Walmart further enhances its appeal and potential for attracting customers. This building presents a unique opportunity for a business seeking a well-maintained, functional space in a thriving commercial area. The combination of office and storage space offers flexibility and adaptability to suit diverse business needs. The asking price is $175,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 5,000 SF
Lot 1.48 ac (64,469 SF)
APN 048-33-0-00-03-010.00-0
UPID US33-0539334

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2908 Santa Fe Ave Chanute, KS 66720-3205
Chanute metro Census 951900
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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