8234 Prt Dr Manhattan, KS 66502
This 2.53-acre commercial lot in Manhattan, Kansas, is ideally situated along Highway 24, offering exceptional visibility and accessibility. The property benefits from its location near major intersections and thoroughfares, ensuring easy access for customers and employees. Manhattan's thriving community, fueled by Kansas State University, the National Bio Agro-Defence Facility, and the nearby Scorpius Biomanufacturing facility, provides a strong economic foundation and a diverse workforce. The lot's versatile zoning allows for a wide range of commercial uses, including retail, restaurants, and office spaces. All essential utilities are readily available. Special taxes are set to conclude in 2027, adding further investment appeal. The asking price is $468,379, with a land value of $4.25 per square foot. This high-visibility location presents a significant opportunity for businesses seeking to establish a strong presence in this growing community, offering both immediate business potential and long-term investment returns. The property's strategic location and favorable conditions make it an exceptional investment opportunity.
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.