2412 Acres St Fort Scott, KS 66701
This exceptional 7-acre property, located at 2412 S Margrave - 7 Acres Street in Fort Scott, Kansas (zip code 66701), presents a remarkable investment opportunity. Classified as both farm and agricultural land, this parcel is situated in a thriving residential area, offering unparalleled potential for various development projects. The asking price is $91,000. Its convenient location, just minutes from Highway 69 via paved roads, ensures easy accessibility. Proximity to schools and retail amenities further enhances its appeal. The property's zoning allows for a range of possibilities, including multi-family housing, single-family residences, or a combination of both. This expansive land, comprising two separate parcels, offers significant flexibility for developers. Note that an additional 10 acres are available for purchase separately. This land opportunity may qualify for housing development tax credits, making it an even more attractive proposition. Serious inquiries are encouraged to explore this exceptional development opportunity in a desirable Kansas location. The property is located in Bourbon County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.