Metcalf Ave Louisburg, KS 66053

Property Details for 0 Metcalf Ave

Lot size

15.97 lot acres

Property type

Land

Property subtype

Farms

Description

This exceptional 15.97-acre property in Louisburg, Kansas, presents a unique multifamily investment opportunity. Located west of Metcalf Avenue and northwest of 6th Street, this non-contiguous land parcel is ideally situated for development. Current plans envision the construction of duplexes, complementing existing adjacent structures. Detailed supplemental documentation, including a site plan, outlines a potential expansion of 154 additional units, significantly increasing the property's potential rental income. The property is zoned for apartment buildings and agricultural use, offering flexibility for future development. Louisburg boasts a thriving community with excellent schools, strong civic engagement, and a robust local economy, making it an attractive location for residential growth. The city actively manages growth to maintain its unique character, ensuring a stable and desirable environment for residents and investors alike. Housing permits are increasing, reflecting the growing demand for housing in this area, just 15 miles south of the Kansas City metro area. This property offers significant upside potential for investors seeking a strong return in a desirable Kansas community. The asking price is $999,900. This is a rare opportunity to acquire a substantial land parcel with significant development potential in a rapidly growing market.

Location Insight

City

Louisburg

County

Miami

State

Kansas

Longitude

-94.6761

Latitude

38.6112