Listing Agency: Landmark Commercial Real Estate d***@landmarkrealestate.net Show Phone

Listed By: Don Piros · License #KS 00223322

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:18PM

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Investment Insights

Based on property information with market context.

This land parcel is located at 521 N Spencer Rd in Newton, Kansas. The site is eligible for tax increment financing, with potential TIF funding for qualifying project expenses such as infrastructure extension, site preparation, drainage, parking, and landscaping.

A transportation development district can also be established to support road extensions, sidewalks, and potentially parking improvements.

Key Highlights

• Eligible for Tax Increment Financing (TIF)
• TIF funds may support infrastructure extension, site preparation, drainage, parking, and landscaping
• Transportation Development District can be established

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

172

Businesses Nearby

Explore this area Business Placement

Demographics for 67114, KS

21,375

Population

9,382

Households

2.3

Avg Household Size

40

Median Age

30%

College-Educated

91%

High-School Grad

236.9 sq mi

ZIP Area

90

Density / Sq Mi

$68,393

Median Household Income

$39,617

Median Earnings

$909

Median Rent

$164,900

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - The site may qualify for tax increment financing and a transportation development district.

Where is this land located?

The property is located at 521 N Spencer Rd Newton, KS.

What are key features of this property?

This property features: Eligible for Tax Increment Financing (TIF); TIF funds may support infrastructure extension, site preparation, drainage, parking, and landscaping; Transportation Development District can be established