Land with Development
For Sale
Contact for pricing
1210 S Fossil St, Russell, KS 67665
Land with redevelopment agreement and financial incentives in Russell, Kansas.
Property SizeContact for details
Days on Market398
Property Features for 1210 S Fossil St
General Information
Standard status
Active
Property subtype
Land
Zoning
C-2
Listing Agency:
Leisure Real Estate Advisors LLC
Listed By:
Mike Works · License #Nebraska
Source:
Crexi
Added: Jul 11, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leisure Real Estate Advisors LLC
Investment Insights
Based on property information with market context.
This commercial land offers developers a ready-to-go project for a 65-room Holiday Inn Express located just off I-70 in Russell, Kansas. The developers have completed a Redevelopment Agreement with the city of Russell. This agreement provides the Holiday Inn Express development with Tax Increment Financing (TIF) for 20 years, Transient Guest Tax (TGT) for 10 years, and a Community Improvement District (CID) for 22 years. The incentives are valued per year as follows: TIF at $170,000, CID at $50,000, and TGT at $45,000.
Key Highlights
- Ready‑to‑go project for a 65‑room Holiday Inn Express.
- Tax Increment Financing (TIF) for 20 years, valued at $170,000 per year.**
- Community Improvement District (CID) for 22 years, valued at $50,000 per year.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 67665, KS
5,011
Population
2,510
Households
2
Avg Household Size
44
Median Age
18%
College-Educated
93%
High-School Grad
325.3 sq mi
ZIP Area
15
Density / Sq Mi
$52,097
Median Household Income
$39,575
Median Earnings
$747
Median Rent
$119,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Land with redevelopment agreement and financial incentives in Russell, Kansas.
Where is this commercial land located?
The property is located at 1210 S Fossil St Russell, KS.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Ready‑to‑go project for a 65‑room Holiday Inn Express.; Tax Increment Financing (TIF) for 20 years, valued at $170,000 per year.**; Community Improvement District (CID) for 22 years, valued at $50,000 per year.
