1107 Lee Ave Chanute, KS 66720
This exceptional 4,800 square foot residential lot, located at 1107 N Lee Avenue in Chanute, Kansas, presents a unique opportunity for building a new home. Situated in Neosho County, zip code 66720, this property boasts a convenient location within the city of Chanute. The previous structure has been removed, eliminating the need for demolition and significantly streamlining the construction process. The cleared lot is ready for immediate development, allowing for a swift transition from purchase to construction. Buyers can envision their dream home on this sizable parcel, taking advantage of the existing infrastructure and the potential for a personalized design. The 4,800 square foot area provides ample space for a substantial residence, along with landscaping and outdoor amenities. This property is ideal for those seeking a blank canvas to create their perfect living space in a desirable Kansas community. The lot's location offers easy access to local amenities, schools, and transportation routes, making it a highly attractive option for homebuyers. This is a rare opportunity to acquire a ready-to-build lot in a convenient and established neighborhood. The asking price for this property is $9,500.
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.