2490 Santa Fe Ave Chanute, KS 66720
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.
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
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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.