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Property profile & analytics
OFF-MARKET
Warehouses

2334 Princeton St Ottawa, KS 66067-4028

3,400 SF 0.5 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US33-0772427
Property summary
AI-generated overview

This exceptional investment opportunity presents a free-standing retail building situated at 2334 S Princeton Street in Ottawa, Kansas. Boasting a highly desirable location on Princeton Street, the property benefits from exceptional visibility and convenient access to major thoroughfares, including Interstate 35 and Route 59. The 0.5-acre lot is situated within a thriving retail corridor, surrounded by a mix of established businesses, including big-box retailers, fast-food restaurants, and hotels, ensuring high traffic volume and strong consumer presence. The building is currently leased to a national tax preparation company under a long-term, absolute triple-net (NNN) lease, minimizing landlord responsibilities and maximizing passive income potential. This NNN lease structure shifts responsibility for property taxes, insurance, and maintenance to the tenant, providing a predictable and low-maintenance investment. The tenant's established national presence and long-term lease commitment offer significant stability and security for investors. This turnkey investment is ideal for those seeking a low-management, high-return opportunity in a prime retail location. The asking price is $450,000. Further details are available upon request.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction FRAME
Total area 3,400 SF
Lot 0.5 ac (21,780 SF)
Zoning code C2
APN 136-14-0-00-01-001.04-0
UPID US33-0772427
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
  • H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ABK INC
ABK INC
Zoning & alternative use
C2 · Ottawa, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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