2960 Labette Rd Ottawa, KS 66067
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.
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
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