1217 Cottonwood Ct Paola, KS 66071
This exceptional investment opportunity presents a prime piece of land in Paola, Kansas, encompassing 16,236 square feet. Located at 1217 Cottonwood Court, 66071, this property is zoned for multifamily development, specifically as a duplex, triplex, or quadplex. The asking price is $56,900. The property's convenient location offers easy access to Paola's elementary, middle, and high schools, making it highly attractive to families. While the exact lot size and taxes are estimates, the potential for building a custom home or a multi-unit residential building is significant. Deed restrictions are in place, and building plans require approval from the developer. This presents a unique chance to create a valuable asset in a desirable Kansas community. The property is classified as both land and multifamily, offering flexibility for various development scenarios. Buyers are encouraged to conduct their own due diligence to verify all details and explore the potential of this promising investment. The property's address is clearly identified as 1217 Cottonwood Court, Paola, Miami County, Kansas, 66071. The geographic coordinates are 38.578333 latitude and -94.859099 longitude.
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.