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Property profile & analytics
OFF-MARKET
Commercial real estate

1708 1St St Chanute, KS 66720

Property ID
US33-0453777
Property summary
AI-generated overview

This exceptional offering presents a rare opportunity to acquire two combined residential lots totaling 18,120 square feet in desirable Chanute, Kansas. Located at 1708 W 1st Street and encompassing the adjacent vacant lot at 1709 W Main, this expansive property presents endless possibilities for development. Situated on the edge of town, this property benefits from convenient access to city amenities while maintaining a tranquil setting. The combined lots provide ample space for a variety of residential projects, from single-family homes to multi-unit dwellings. The substantial lot size allows for creative design and landscaping options, maximizing the potential for a unique and valuable property. City utilities are readily available, simplifying the construction process and reducing development costs. This is an ideal investment for builders, developers, or individuals seeking a large, buildable lot in a convenient location. The asking price of $12,000 represents exceptional value for the combined acreage and prime location within Chanute, Kansas, zip code 66720. Don't miss this chance to secure this remarkable property.

Property profile
Verified
Property type Commercial real estate
UPID US33-0453777
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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