Technical
Financial
Distress signals
Property profile

307 Un St Mc Louth, KS 66054

OFF-MARKET
Retail space
Property ID
US33-0166636
1,173 SF 0.07 ac lot Built 1930
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 307 S Union St in McLouth, Kansas, presents a unique investment opportunity. Situated in the heart of McLouth's downtown business district, this special purpose building offers high visibility and accessibility. Currently utilized as overflow storage by the adjacent liquor store (under the same ownership), the property boasts a spacious open floor plan, perfect for customization to suit a variety of retail or business uses. A private office and restroom are conveniently located at the rear of the building, adding to its functionality. Recent improvements include a brand new roof, minimizing future maintenance expenses and ensuring long-term durability. The asking price is $145,000, and flexible purchase terms are available, accommodating both cash and financing options. This property represents a compelling chance to acquire a well-positioned commercial asset in a thriving area, offering significant potential for return on investment. The property is zoned for commercial use and sits on land in Jefferson County, Kansas, zip code 66054. The building's size is not specified, but the open floor plan and additional office/restroom space provide ample room for various business configurations.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 1,173 SF
Lot 0.07 ac (3,049 SF)
APN 203-08-0-20-05-009.01-0
UPID US33-0166636

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

307 Un St Mc Louth, KS 66054-4103
Mc Louth metro Census 20300 TOPEKA, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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