00000 Positano Dr Manhattan, KS 66502
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.
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
Similar Nearby for Lease
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.