1941 East 61St St N Park City, KS 67219
This exceptional mixed-use development in Park City, Kansas, presents a unique investment opportunity. Located on 48 acres at the southeast corner of 61st Street and Hydraulic Avenue, Park Centre is a master-planned community designed to create a vibrant downtown area. The development includes a central park, functioning as a farm and art market, providing a focal point for the community. Residential options include a substantial 416-unit apartment complex featuring a pool, amenity deck, and clubhouse, along with an 89-unit townhome complex. For commercial ventures, 96,000 square feet of leasable space is available, catering to a wide range of businesses. The project's anticipated completion date for the master plan is March 31st. This development offers a blend of residential and commercial opportunities, creating a dynamic and thriving community hub in Park City. The scale of the project, combined with its strategic location and diverse offerings, makes it an attractive proposition for investors seeking significant returns and long-term growth potential. The property is classified as Class A and offers a range of space options from 15,000 to 435,600 square feet, suitable for various commercial uses, including storefront and restaurant establishments. The development's design prioritizes community engagement and offers a unique blend of suburban living and retail experiences.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.