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    1301 Kansas Dr Paola, KS 66071

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    For Sale
    $1,540,875

    Freestanding restaurant near Walmart and schools with high traffic.

    Property size:
    3,642 SF
    Lot size:
    1.24 Acres

    Property Features for 1301 Kansas Dr

    General Information

    Size
    3,642 SF
    Lot size
    1.24 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Andrew Dickerson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Restaurant on Large Lot

    This freestanding restaurant is situated on a 1.24-acre lot with over 300 feet of frontage. The property is conveniently located near the only Walmart Supercenter in Miami County, as well as Paola High School and Paola Middle School, which together serve over 900 students. The Miami County Medical Center, with a 39-bed capacity, is also nearby, contributing to the area's traffic. The surrounding community is affluent, with an average household income exceeding $100,000 within a 5-mile radius. Paola, the county seat for Miami County, is experiencing positive population growth. The property benefits from easy access from Baptiste Drive, which sees a daily traffic volume of 8,460 vehicles. Located 34 miles from Overland Park, Kansas, the property offers potential for various restaurant or retail uses. The building size is 3,642 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Applebee's Grill + Bar Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Chen's Buffet

    Location Insight

    • Map
    • Local Demand
    City
    Paola
    County
    Miami
    State
    Kansas
    Longitude
    -94.860729
    Latitude
    38.574185

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    FAQs

    What type of property is this?
    Conventional restaurant - Freestanding restaurant near Walmart and schools with high traffic.
    Where is this conventional restaurant located?
    The property is located at 1301 Kansas Dr Paola, KS.
    What is the asking price?
    The asking price for this property is $1,540,875.
    What are key features of this property?
    This property features: - Applebee's restaurant on a large 1.24-acre lot with 300+ feet of frontage.; - Operated by a subsidiary of American Franchise Capital, LLC (33 Applebee’s & 70+ Taco Bell’s).; - Located near the only Walmart Supercenter in Miami County.
    (913) 387-7716
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    Paola, KS 66071
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1301 Kansas Dr Paola, KS 66071
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