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Property profile & analytics
OFF-MARKET
Commercial real estate

/A Parsons, KS 67357

5.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.5-acre commercial property in Parsons, Kansas, presents a unique investment opportunity. Located at 0 Tolen Creek Sub N/a, the land is zoned C-3, opening doors to a wide range of commercial ventures. The property is subject to certain development stipulations. Specifically, JOBS, Inc. maintains final control over exterior design aspects of any improvements made to the property. A reversionary clause within the property's documentation dictates a specific timeframe for construction commencement. This clause ensures timely development and protects the property's value. Prospective buyers should be aware of and prepared to comply with these conditions. A significant advantage is the availability of city sewer services, eliminating the need for costly private sewer system installation. This ready access to infrastructure simplifies development and reduces upfront costs. The asking price of $50,000 makes this a highly competitive offering for entrepreneurs and investors seeking a strategically located commercial parcel in a growing market. The property's size and zoning provide ample space for a variety of commercial uses, making it an attractive prospect for those seeking to establish a new business or expand existing operations. Serious inquiries are encouraged to review the detailed property documents and understand the development conditions before making an offer.

Property profile
Verified
Property type Commercial real estate
Lot 5.5 ac (239,580 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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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