000 48Th St Hays, KS 67601
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.