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Property profile & analytics
OFF-MARKET
Commercial real estate

2490 Santa Fe Ave Chanute, KS 66720

0.51 ac lot Built 2023
Property ID
US33-0996737
Property summary
AI-generated overview

This exceptional 0.51-acre commercial lot, located at 2490 S Santa Fe Avenue in Chanute, Kansas (zip code 66720), presents a remarkable investment opportunity. Situated on the north end of the Walmart property, this strategically positioned tract boasts 110 feet of frontage and a depth of 200 feet, offering significant visibility and accessibility. Its prime location within an established retail corridor makes it suitable for a wide range of commercial uses, including retail stores, restaurants, office spaces, convenience stores, or a strip center development. The property is priced at $159,000, representing a compelling value of $1,500 per frontage foot. A shared center driveway with mutual access easements is planned. While this listing focuses on a 0.51-acre parcel, the owner is open to considering alternative lot sizes or the sale of the entire 2.9-acre parcel for $319,000. This property offers exceptional potential for immediate development or long-term appreciation in a thriving commercial area. Built in 2023, this land is ready for your vision. Don't miss this chance to secure a prime location in Chanute, Kansas.

Property profile
Verified
Property type Commercial real estate
Year built 2023
Lot 0.51 ac (22,216 SF)
UPID US33-0996737
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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