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Property profile & analytics
OFF-MARKET
Land

6701 Broadway Ave Park City, KS 67219

44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 44-acre industrial land parcel presents a unique investment opportunity in Park City, Kansas. Strategically located on North Broadway Avenue, just south of 69th, this property boasts Light Industrial zoning and is priced competitively at $2 per square foot. The seller is diligently working to finalize permitting for flood zone removal, zoning approvals, and platting, all projected for completion by the first quarter of 2024. While the property is being sold as-is, with no special assessments, the seller will be responsible for bringing utilities to the site. Further enhancing its appeal, the seller is willing to subdivide the land to accommodate various development needs. This site benefits from an enviable location directly across from a newly constructed, over one million square foot Amazon Fulfillment Center. The surrounding area is vibrant, featuring established businesses such as Sleep Inn, QuikTrip, Spangles, Cracker Barrel, McDonald's, and a Holiday Inn, among others. The City of Park City actively encourages new investment and development, potentially offering public incentives to suitable projects. Furthermore, the property's location may qualify for IRB financing, providing additional financial flexibility for prospective buyers. This is a rare chance to acquire a substantial, well-positioned industrial land parcel in a thriving commercial area.

Property profile
Verified
Property type Land
Lot 44 ac (1,916,640 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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