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Property profile & analytics
OFF-MARKET
Land

8234 Prt Dr Manhattan, KS 66502

2.53 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.53 ac (110,207 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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CAP Approach CAP
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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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