Property profile

1120 12th Ave Emporia, KS 66801

OFF-MARKET
Grocery and convenience stores
Property ID
US33-1144066
1,650 SF 1.1 ac lot Built 1969
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 1120 E 12th Ave in Emporia, Kansas, presents a unique redevelopment opportunity. Strategically positioned just off Interstate 35, Exit 131, this site boasts unparalleled visibility and accessibility. Previously used as a convenience store, the property offers a blank canvas for a variety of commercial ventures. The expansive lot size of over an acre (47,900 square feet) provides ample space for diverse uses, including retail establishments, office spaces, or restaurants. The high-traffic location along I-35 and E 12th Ave ensures significant exposure to potential customers. The property benefits from excellent signage opportunities, maximizing its marketing potential. All fuel storage tanks have been removed, simplifying the redevelopment process and eliminating potential environmental concerns. This is an ideal location for businesses seeking high visibility and convenient access to a major interstate highway. The property is priced at $274,999 and is ready for its next chapter. Serious inquiries are encouraged to explore the potential of this prime commercial real estate. Contact us today to schedule a viewing and discuss your vision for this exceptional property.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1969
Total area 1,650 SF
Lot 1.1 ac (47,916 SF)
APN 191-11-0-20-05-003.00-0
UPID US33-1144066

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Landscaping

Location

1120 12th Ave Emporia, KS 66801-3320
Emporia metro Census 103 EMPORIA, KS MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

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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