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Property profile & analytics
OFF-MARKET Estimated value $730,000
Strip malls

128 Harvest Dr Louisburg, KS 66053-4081

23,082 SF 2.83 ac lot Built 2003
Entity Owned 13-yr Hold Free & Clear
Property ID
US33-1236668
Property summary
AI-generated overview

The Louisburg Marketplace, a single-story, Class B shopping center totaling 23,082 square feet, presents a unique opportunity for retail businesses. Located in Miami County and easily accessible via Harvest Dr, this 2.84-acre property boasts 70 surface parking spaces, ensuring ample customer convenience. Built in 2004, the center currently features 14 suites, with a significant 16,800 square feet of contiguous space immediately available for lease. This space is offered as a "white box," allowing for complete customization to suit your specific business needs. The minimum leasable space is 1,400 square feet, providing flexibility for various retail concepts. The property is zoned C-3, accommodating a wide range of retail uses. Excitingly, a new restaurant and True Value Hardware are joining the center, creating a vibrant and growing retail environment. The available space is particularly well-suited for businesses such as chiropractors, barber shops, medical offices, and other retail establishments. This is an exceptional opportunity to establish or expand your business in a thriving retail location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2003
Total area 23,082 SF
Lot 2.83 ac (123,275 SF)
APN 109-32-0-00-00-001.82-0
UPID US33-1236668
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
  • Jabez Tanning Salon & Dawn's Heavenly Concept Salon Hair Salon Nail Salon
  • Jabez Tanning Salon & Boutique Hair Salon Nail Salon
  • Jabez Tanning Salon Tanning Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
$853k
Blend (final) Blend
$730k
Owner & transaction history
Dearborn Street Holdings LLC S · 13 yrs held
Dearborn Street Holdings LLC S
since 2013
1 recorded transaction
2013
$1.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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