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    425 61 St Park City, KS 67219

    Sponsored
    For Sale
    $799,000

    Prime Park City location, high visibility, 16,936 SF.

    Property size:
    16,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity in Park City, Kansas, presents a 16,936-square-foot property situated on a 1.75-acre lot at 425 East 61st Street N, zip code 67219. The property, built in 1982, boasts a C-2 zoning designation and is ideally suited for a variety of uses, including restaurant, shopping center, or storefront operations. The asking price is $799,000. The building comprises a single structure with excellent street visibility, strategically located just off I-135 and near a new development featuring a world-class aquarium, ensuring high traffic and exposure. The property is currently offered as a triple-net (NNN) lease, with a lease rate of $10.00 per square foot. 7,500 square feet are currently available for lease. The 2023 property taxes totaled $15,039.96 in general taxes and $7.11 in special taxes. This presents a compelling investment opportunity in a thriving area with significant growth potential. The property's size and location make it an attractive option for both established businesses and new ventures seeking a prominent presence in Park City.

    Property Features for 425 61 St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    16,936 SF
    Lot Size
    76,230 SF

    Building Details

    Year Built
    1982
    Buildings
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Park City
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.334210163693
    Latitude
    37.795903063553

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Park City location, high visibility, 16,936 SF.
    Where is this lifestyle center located?
    The property is located at 425 61 St Park City, KS.
    What is the asking price?
    The asking price for this property is $799,000.
    Request Owner's contact information
    425 61 St Park City, KS 67219
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    Park City, KS 67219
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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
    425 61 St Park City, KS 67219
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