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Property profile & analytics
OFF-MARKET
Warehouses

308 53rd St Parsons, KS 67357-8839

4,800 SF 1 ac lot Built 1993
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0722086
Property summary
AI-generated overview

This exceptional 4,800 square foot commercial property, situated on a one-acre lot in Parsons, Kansas, presents a unique investment opportunity. Built in 1993, this single-story building boasts a versatile layout ideal for various commercial uses. The warehouse area features three overhead doors and a loading dock, ensuring efficient loading and unloading operations. Inside, you'll find two offices, a half-bath, a cleaning closet, and a kitchen breakroom with additional storage. The property includes central heating and air conditioning for year-round comfort. A notable feature is a currently installed chilled/refrigerated section, perfect for businesses requiring temperature-controlled storage; however, this is easily removable to suit other needs. The property is conveniently located within the city's three-mile district, offering excellent accessibility and visibility. The asking price is $259,000, translating to $53.96 per square foot. This property is ready for immediate occupancy and offers significant potential for a variety of businesses. The address is 308 S 53rd Street, Parsons, KS 67357.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1993
Total area 4,800 SF
Lot 1 ac (43,560 SF)
APN 035-22-0-20-05-015.00-0
UPID US33-0722086
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
Current use
Occupant on record · Public records
  • Schwan Food Co Discount Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
CYGNUS PROPERTIES LLC
CYGNUS PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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