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    000 48Th St Hays, KS 67601

    For Sale
    $426,500

    8.49 Acres near Walmart & I-70

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional 8.493-acre commercial land parcel in Hays, Kansas, presents a prime investment opportunity. Located in Ellis County, this property boasts convenient access to I-70 and Highway 183, placing it within easy reach of major transportation routes. The land is zoned for Agriculture-Land use, offering versatility for a wide range of commercial developments. Its strategic location offers high visibility and proximity to established businesses, including Walmart, Carrico Implement, Tractor Supply, Sunflower Bank, and numerous hotels and restaurants. The property features excellent level terrain, making it ideal for immediate development. The asking price is $426,500, and the property is suitable for a 1031 exchange. The parcel's address is 000 W 48th St, Hays, KS 67601 (APN: 026-135-21-0-00-01-001.00-0), and is owned by the Pfannenstiel Family Trust. This is a rare opportunity to acquire a sizable, well-situated commercial land tract with significant development potential.

    Property Features for 000 48Th St

    General Information

    Property type
    Farms
    Lot Size
    369,955 SF

    HighLights

    • Excellent I‑70 and Highway 183 visibility, offering high traffic counts.
    • Strong co‑tenancy with national retailers including Walmart, Tractor Supply, and Sunflower Bank.
    • Convenient access to hotels and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office 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
    Hays
    County
    Ellis
    State
    Kansas
    Longitude
    -99.32378411294
    Latitude
    38.907239867876

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    FAQs

    What type of property is this?
    Farm - 8.49 Acres near Walmart & I-70
    Where is this farm located?
    The property is located at 000 48Th St Hays, KS.
    What is the asking price?
    The asking price for this property is $426,500.
    What are key features of this property?
    This property features: Excellent I-70 and Highway 183 visibility, offering high traffic counts.; Strong co-tenancy with national retailers including Walmart, Tractor Supply, and Sunflower Bank.; Convenient access to hotels and restaurants.
    Request Owner's contact information
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    Hays, KS 67601
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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
    000 48Th St Hays, KS 67601
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