2492 Santa Fe Ave Chanute, KS 66720
This exceptional 3.2-acre commercial tract, located at 2492 S Santa Fe Avenue in Chanute, Kansas, presents a remarkable investment opportunity. Boasting 220 feet of frontage and a depth of 633 feet, this property is ideally situated on South Santa Fe Avenue, directly north of a Walmart store. The 2023-built site is surrounded by other retail establishments, making it an excellent location for a variety of commercial ventures. Potential uses include retail, office space, restaurants, convenience stores, or a strip center. The asking price is $289,000, translating to a highly competitive $1,450 per frontage foot. The seller is open to considering proposals for dividing the property, which would involve a shared center driveway with mutual access easements. This flexibility allows for tailored development to meet specific business needs. This prime location and attractive pricing make this a truly exceptional opportunity for investors and developers seeking a high-visibility site in a thriving retail area. The property is zoned for commercial use and offers significant potential for immediate development or future expansion. Don't miss this chance to secure a premier location in a rapidly growing market.
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.