Property profile

252 Z50 Rd Fall River, KS 67047

OFF-MARKET
Specialty properties
1 ac lot Built 2002
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Property summary

AI-generated overview

This exceptional special-purpose property, built in 2002, is situated on one acre of land at 252 Z50 Road, Fall River, Kansas, 67047. The property boasts a thriving, established business known as "Tri Corner," strategically located near Fall River Lake and Highway 400, offering high visibility and convenient access. The main building houses a restaurant with a spacious dining area and a fully equipped kitchen, complemented by a well-stocked bait shop offering fishing supplies, basic groceries, and accessories. The property also includes living quarters featuring a large living room and bedroom, ideal for owner occupancy or rental income generation. Adding to the diverse income streams are ten individual storage units located in a separate building on the property, perfect for boat, camper, or other item storage. This turnkey operation presents a unique opportunity to acquire a multi-faceted business with established clientele and significant growth potential. The single-story building is situated on a one-acre lot and offers a blend of commercial and residential space, creating a unique investment opportunity. The property's prime location near Fall River Lake and its proximity to Highway 400 ensure high traffic and visibility, maximizing the potential for continued success. The asking price for this remarkable property is $215,000.

Property profile

Verified
Property type Specialty properties
Year built 2002
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Restaurant

Location

252 Z50 Rd Fall River, KS 67047
Fall River metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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