1501 Kings Hwy Louisburg, KS 66053
This exceptional 1.92-acre parcel, located at 1501 E. 23rd Street and 1215 S. Kings Highway in Louisburg, Kansas (zip code 66053), presents a rare opportunity for retail development. The property is zoned for commercial use and offers significant frontage, making it highly visible and accessible to potential customers. Its strategic location provides excellent exposure, situated adjacent to a newly constructed Discount Tire and McBee's Car Wash, and just one block from a HyVee grocery store. This prime pad site benefits from the established commercial activity in the immediate vicinity, ensuring high traffic flow and strong potential for attracting a diverse range of retail businesses. The seller will consider dividing the land to accommodate smaller development projects, offering flexibility for various investment strategies. This is a unique chance to acquire a highly desirable retail property in a thriving Kansas community. The asking price for this exceptional land is $1,500,000. Don't miss this opportunity to secure a prominent location for your retail venture in a rapidly growing market.
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.