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Property profile & analytics
OFF-MARKET
Specialty properties

2492 Santa Fe Ave Chanute, KS 66720

3.2 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 2023
Lot 3.2 ac (139,392 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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