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    790 Us-77 Douglass, KS 67039

    For Sale
    $495,000

    High-traffic location, 8,000 sq ft vacant storefront

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 8,000-square-foot freestanding retail building presents a remarkable investment opportunity in Douglass, Kansas. Located at the northeast corner of Highway 77 and SW 215th Road, this property boasts high visibility and accessibility, ensuring significant foot traffic. Previously occupied by a Family Dollar, the building was constructed in 2007 and sits on a spacious 1.6-acre lot. The asking price is $495,000, translating to $61.88 per square foot. The property is currently vacant and ready for immediate occupancy. The large parking lot was recently resealed in the fall of 2020. The building is zoned for Commercial and Industrial use (C). 2023 property taxes totaled $14,965.00. Commercial racks and refrigerators are available for separate negotiation. The lease terms stipulate that the tenant is responsible for utilities, insurance, and property taxes, while the landlord covers roof maintenance, structural repairs, and parking lot upkeep. This prime retail space offers significant potential for a variety of businesses seeking a high-visibility location in a thriving community. Don't miss this chance to acquire a well-maintained, strategically located property in a growing market.

    Property Features for 790 Us-77

    General Information

    Property type
    Individual retail properties
    Square Feet
    8,000 SF
    Lot Size
    69,696 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Douglass
    County
    Butler
    State
    Kansas
    Longitude
    -97.0054119
    Latitude
    37.5126181

    Nearby Comparable

    • $450,000
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      Retail Property on US-77

      Retail space built in 2007 with ample parking.
      790 S Us Highway 77, Douglass, KS 67039
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    • $160,000
      12.80 Acres

      12.8 Acres of Unimproved Land

      12.8 acres of land with utilities near Santa Fe Lake.
      SW 190Th St, Douglass, KS 67039
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    Nearby Similar for Sale

    • $450,000
      8,000 SF

      Retail Property on US-77

      Retail space built in 2007 with ample parking.
      790 S Us Highway 77, Douglass, KS 67039
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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, 8,000 sq ft vacant storefront
    Where is this individual retail property located?
    The property is located at 790 Us-77 Douglass, KS.
    What is the asking price?
    The asking price for this property is $495,000.
    Request Owner's contact information
    790 Us-77 Douglass, KS 67039
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    Douglass, KS 67039
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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
    790 Us-77 Douglass, KS 67039
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