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Property profile & analytics
OFF-MARKET
Land

00000 Positano Dr Manhattan, KS 66502

0.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land opportunity in Manhattan, Kansas, presents a unique investment prospect. Located in Pottawatomie County, along Highway 24, this property boasts a daily traffic count of 27,900 vehicles, providing unparalleled visibility. The site, zoned Highway Commercial, offers lot sizes ranging from 0.94 to 4.64 acres, with land value ranging from $12 to $18 per square foot. The asking price is $10,514,245. Situated at a traffic light intersection, the property benefits from excellent access and high visibility. Currently, the area features new medical office construction, including Women's Health Group, Blue River Family Medicine, and an Orthopedic and Sports Medicine Center, indicating a growing medical sector. However, dining options remain limited, presenting a significant opportunity for restaurants, from quick-service to sit-down establishments. The main lot is easily subdivided, offering flexibility for various development plans. This property is ideally positioned within the fastest-growing county in Kansas (2020 Census data), offering exceptional growth potential and proximity to Kansas State University and the National Bio and Agro-Defence Facility (NBAF). Build-to-suit options may be available. This is a rare chance to secure a coveted corner lot in a thriving area.

Property profile
Verified
Property type Land
Lot 0.94 ac (40,946 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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