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    320 23Rd St Ottawa, KS 66067

    For Sale
    $2,787,840

    64 Acres, C-3 Zoning, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 64-acre commercial land parcel, located at 320 W. 23rd Street in Ottawa, Kansas (zip code 66067), presents a unique investment opportunity. Zoned C-3 (General Commercial District), this level lot is ideally situated within city limits and offers significant development potential for a variety of uses, including industrial, multi-family, retail, and commercial projects. The property benefits from its proximity to all utilities, making infrastructure connection straightforward. Furthermore, its location within an Enhanced Enterprise Zone and an Opportunity Zone provides access to potential tax incentives and benefits. The site's potential is further enhanced by the possibility of Transportation Development District designation, facilitating infrastructure improvements. This prime location is also strategically positioned near major projects such as the 1,000,000 square foot Walmart Distribution Center and the 1,325,000 square foot American Eagle Outfitters facility. The asking price for this exceptional property is $2,787,840. Build-to-suit opportunities may also be explored. Don't miss this chance to acquire a substantial tract of land in a thriving Kansas community.

    Property Features for 320 23Rd St

    General Information

    Property type
    Land
    Lot Size
    2,787,840 SF

    HighLights

    • Utilities available at or near the site.
    • Potential Transportation Development District designation for infrastructure improvements.
    • Located in an Enhanced Enterprise Zone.
    • Level 64‑acre parcel, ready for development.
    • Situated within Ottawa, Kansas city limits.
    • Suitable for industrial, multi‑family, retail, and commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Ottawa
    County
    Franklin
    State
    Kansas
    Longitude
    -95.2739382
    Latitude
    38.5766078

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    FAQs

    What type of property is this?
    Land - 64 Acres, C-3 Zoning, Development Ready
    Where is this land located?
    The property is located at 320 23Rd St Ottawa, KS.
    What is the asking price?
    The asking price for this property is $2,787,840.
    What are key features of this property?
    This property features: Utilities available at or near the site.; Potential Transportation Development District designation for infrastructure improvements.; Located in an Enhanced Enterprise Zone.
    Request Owner's contact information
    320 23Rd St Ottawa, KS 66067
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    Ottawa, KS 66067
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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
    320 23Rd St Ottawa, KS 66067
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