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Property profile & analytics
FOR SALE
Outlet malls

1725 E Santa Fe St Gardner, KS 66030

203,009 SF 29.63 ac lot Built 2006
Entity Owned Free & Clear
Property ID
US33-0976931
1725 E Santa Fe St, Gardner, KS 66030 For Sale
$4,750,000 203,009 SF
1725 E Santa Fe St, Gardner, KS 66030
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Property summary
AI-generated overview

Exceptional investment opportunity in Gardner, Kansas, featuring two available commercial land outlots situated in a high-traffic area adjacent to a Walmart Supercenter. Lot 2 encompasses approximately 1.41 acres, while Lot 3 offers approximately 0.57 acres. Both parcels are zoned Planned General Business District (CP-2), providing flexibility for a variety of commercial uses. This prime location benefits from excellent visibility and accessibility, situated just off Interstate 35 at the city's entrance. The Walmart Supercenter, attracting an average of 1.4 million visitors annually, ensures substantial foot traffic and brand recognition for any business established on these outlots. Further enhancing the area's appeal is the nearby New Trails development, a mixed-use project comprising retail spaces, office buildings, 424 apartments, and 368 single-family homes. This development adds to the area's vibrancy and creates a strong residential base for supporting commercial ventures. The strategic location and surrounding development create a compelling opportunity for businesses seeking high visibility and a thriving community environment. These outlots present a rare chance to capitalize on the significant growth and potential of this rapidly developing area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2006
Construction CONCRETE BLOCKS
Total area 203,009 SF
Lot 29.63 ac (1,290,842 SF)
APN CP33670000 001A
UPID US33-0976931
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
  • Coinstar Bank Credit Union
  • Walmart Garden Center Garden Center
  • Walmart5307 Electronics Vending Machine
  • Gardner Vision Care Eye Care Center Contact Lenses Supplier
  • Kristin Van Becelaere, O.D. Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.75M
Owner & transaction history
WAL-MART REAL EST BUSINESS TRUST
WAL-MART REAL EST BUSINESS TRUST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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