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    2412 Margrave St Fort Scott, KS 66701

    For Sale
    $91,000

    Prime residential development land, near Hwy 69.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7-acre parcel in Fort Scott, Kansas, presents a remarkable opportunity for residential development. Located just minutes from Highway 69 and situated on paved roads, this property enjoys convenient access to schools and retail amenities. The land is ideally suited for a variety of housing projects, including multi-family complexes, single-family homes, or a combination of both. Its location within a thriving residential area ensures strong demand and potential for significant returns. The property consists of two separate parcels, offering flexibility in development plans. While this listing focuses on the 7-acre parcel, there's an additional 10 acres available for purchase, providing the potential for an even larger-scale project. This prime location, coupled with the possibility of utilizing housing development tax credits, makes this an exceptionally attractive investment. The asking price for this 7-acre parcel is $91,000. The property is classified as Special Purpose and is located at 2412 S Margrave Street, Fort Scott, KS 66701. Detailed information on zoning and development regulations is readily available through the appropriate local authorities. Don't miss this chance to acquire a highly desirable piece of land in a growing community.

    Property Features for 2412 Margrave St

    General Information

    Property type
    Specialty properties
    Lot Size
    304,920 SF

    HighLights

    • 7‑acre development parcel in Fort Scott, KS, priced at $91,000.
    • Convenient access to Hwy 69, schools, and retail.
    • Suitable for multi‑family, single‑family, or mixed‑use residential development.
    • Located in a thriving residential area with strong demand.
    • Comprises two separate parcels, offering development flexibility; an additional 10 acres are available.
    • Potential for utilizing housing development tax credits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Scott
    County
    Bourbon
    State
    Kansas
    Longitude
    -94.69616
    Latitude
    37.811753

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    FAQs

    What type of property is this?
    Specialty property - Prime residential development land, near Hwy 69.
    Where is this specialty property located?
    The property is located at 2412 Margrave St Fort Scott, KS.
    What is the asking price?
    The asking price for this property is $91,000.
    What are key features of this property?
    This property features: 7-acre development parcel in Fort Scott, KS, priced at $91,000.; Convenient access to Hwy 69, schools, and retail.; Suitable for multi-family, single-family, or mixed-use residential development.
    (620) 266-9448
    Request Owner's contact information
    2412 Margrave St Fort Scott, KS 66701
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    Fort Scott, KS 66701
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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
    2412 Margrave St Fort Scott, KS 66701
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