1708 1St St Chanute, KS 66720
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.
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.