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    Property profile & analytics
    OFF-MARKET
    Grocery and convenience stores

    101 Lk St, Mc Louth, KS 66054-5256

    1,448 SF 0.32 ac lot Built 1950
    Entity Owned 16-yr Hold Absentee Owner Free & Clear
    Property ID
    US33-0521662
    Property summary
    AI-generated overview

    This exceptional owner-user convenience store and gas station, totaling 1,448 square feet, is strategically located at 101 East Lake Street in McLouth, Kansas, 66054. Priced at $750,000 ($517.96 per square foot), this turnkey property boasts 100% occupancy and presents a compelling investment opportunity. Situated in a high-visibility, high-traffic area of McLouth, this centrally located business benefits from its proximity to other key retail establishments such as Country Harvest Apple Market and McLouth Dental Office, ensuring consistent customer flow. The property features an open fuel supply, a significant advantage for new investors. Its adaptable layout allows for a variety of retail uses, catering to diverse business needs. The convenient location offers easy access for both pedestrians and vehicles, enhancing the shopping experience and operational efficiency. With limited competition in the immediate vicinity, this property enjoys a unique market position, ideal for a new retail venture or an established business seeking expansion. The well-maintained building is ready for immediate occupancy, minimizing initial investment and accelerating business startup. This is a rare opportunity to acquire a thriving business in a prime location within the Topeka, KS MSA. The property's strong performance and strategic location make it an attractive investment with significant potential for growth.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group CONVENIENCE STORE
    Year built 1950
    Construction FRAME
    Total area 1,448 SF
    Lot 0.32 ac (13,939 SF)
    APN 203-08-0-40-03-006.00-0
    UPID US33-0521662
    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
    Current use
    Occupant on record · Public records
    • BP Gas Station
    • Conoco Gas Station
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    ARKAGAS, LLC
    ARKAGAS, LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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