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Property profile

0 Kimball Ave Manhattan, KS 66503

OFF-MARKET
Land
2.36 ac lot
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Property summary

AI-generated overview

This exceptional 2.36-acre commercial land parcel presents a unique investment opportunity in a rapidly developing area of western Manhattan, Kansas. Located at the northwest corner of Anderson Avenue and N. Scenic Drive, this property boasts convenient access to major thoroughfares and is surrounded by a thriving mix of residential, retail, and office developments. On-site utilities are readily available, simplifying development plans. The immediate vicinity includes established businesses such as Blueville Nursery, Stonecreek Office Park, a Shell service station and convenience store, Star Wash Manhattan, and the future site of a Braum's Ice Cream & Dairy Store. Its strategic location offers proximity to key amenities, including the Annenberg Sports Complex, Colbert Hills Golf Course, Westloop Shopping Center, and Kansas State University, ensuring high visibility and strong potential for attracting a diverse clientele. The property is zoned CN - Neighborhood Commercial, allowing for a wide range of development possibilities. The seller is open to exploring build-to-suit options and the potential for subdividing the land, providing flexibility for various development scenarios. This prime location and versatile zoning make this a highly attractive investment for developers and businesses seeking a strategic foothold in a growing market. The asking price is $1,055,000. The property is situated in Riley County, Kansas, with a 66503 zip code.

Property profile

Verified
Property type Land
Lot 2.36 ac (102,802 SF)

Cap rate & NOI

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

Location

Kimball Ave Manhattan, KS 66503
Manhattan metro
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Value estimations

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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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