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    2412 Acres St Fort Scott, KS 66701

    For Sale
    $91,000

    Prime Kansas farmland, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    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.

    Property Features for 2412 Acres St

    General Information

    Property type
    Farms
    Lot Size
    304,920 SF

    HighLights

    • 7‑acre property in Fort Scott, Kansas (66701), priced at $91,000.
    • Zoned for multi‑family or single‑family residential development.
    • Located in a thriving residential area, minutes from Highway 69 via paved roads, near schools and retail.
    • Consists of two separate parcels, with an additional 10 acres available separately.
    • May qualify for housing development tax credits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Scott
    County
    Bourbon
    State
    Kansas
    Longitude
    -94.69616
    Latitude
    37.811753

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    FAQs

    What type of property is this?
    Farm - Prime Kansas farmland, ideal for development.
    Where is this farm located?
    The property is located at 2412 Acres 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 property in Fort Scott, Kansas (66701), priced at $91,000.; Zoned for multi-family or single-family residential development.; Located in a thriving residential area, minutes from Highway 69 via paved roads, near schools and retail.
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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 Acres St Fort Scott, KS 66701
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