0 2Nd St Ellis, KS 67637
This 4.4-acre parcel of land in Ellis, Kansas, presents a unique investment opportunity. Located just off Interstate 70, it boasts exceptional visibility and convenient access to major transportation routes. Recently annexed into the city of Ellis, the property is currently zoned residential, offering flexibility for future development. Its level topography simplifies construction, making it ideal for a variety of commercial or residential projects. The strategic location adjacent to the Ellis Travel Plaza and a new A&W restaurant ensures high traffic and visibility. The asking price is $275,000, translating to $62,500 per acre. This prime location offers significant potential for growth and return on investment within a community actively seeking development. The property's size and location make it an attractive option for businesses seeking high visibility and convenient access to Interstate 70, while its residential zoning provides alternative development possibilities. This level ground is ready for immediate development.
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.