/A Parsons, KS 67357
This exceptional 5.58-acre commercial property in Parsons, Kansas, presents a unique investment opportunity. Zoned C-3, it offers significant potential for a variety of commercial ventures. The property is subject to design control stipulations by JOBS, Inc., ensuring a cohesive and aesthetically pleasing development. A reversionary clause within the property's legal documentation dictates a specific timeframe for construction commencement, providing a degree of certainty for future development. This ensures timely progress and prevents prolonged vacancy. Importantly, city sewer services are readily available, eliminating a significant hurdle in the development process and reducing upfront infrastructure costs. The asking price of $50,000 represents a compelling entry point into the Parsons commercial real estate market. This parcel's size and zoning make it ideal for a range of businesses seeking a prominent location with readily accessible utilities. The inclusion of design control and a reversionary clause offers both protection and a clear path to development. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is located at 0 Tolen Creek Sub N/a, Parsons, KS. All interested parties should conduct their own due diligence to verify all information.
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.