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    Specialty properties

    252 Z50 Rd, Fall River, KS 67047

    1 ac lot Built 2002
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ATM Machine at Tri-Corner Atm
    • Tri-Corners Restaurant Bait Shop & Store Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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