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Property profile & analytics
OFF-MARKET
Distribution centers

2960 Labette Rd Ottawa, KS 66067

116 ac lot
Property ID
US33-0626764
Property summary
AI-generated overview

This exceptional 116-acre property located at 2960 Labette Road in Ottawa, Kansas, presents a unique investment opportunity. Currently zoned agricultural, this expansive land parcel offers significant potential for industrial development. Its strategic location, just 1.7 miles from the I-35 interchange, ensures excellent accessibility and connectivity. All roads leading to the property are paved, simplifying logistics and transportation. The asking price is $3,500,000. The property's considerable size and prime location make it highly attractive for various industrial uses. Adding to its appeal, the City of Ottawa has designated hundreds of acres directly across the road as a future industrial park, suggesting a strong likelihood of future development in the immediate vicinity. This presents a compelling opportunity to capitalize on the growing industrial sector in the Ottawa area. The property's current agricultural zoning offers flexibility, with the possibility of rezoning to industrial use, further enhancing its investment potential. This is a rare opportunity to acquire a large, well-situated tract of land with significant upside in a rapidly developing area. The property's zip code is 66067, and it is situated in Franklin County, Kansas.

Property profile
Verified
Property type Distribution centers
Lot 116 ac (5,052,960 SF)
UPID US33-0626764
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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