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Property profile & analytics
FOR SALE
Drive through restaurants

391 N Main St Lansing, KS 66043

2,412 SF 0.89 ac lot Built 2007
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US33-0609918
Property summary
AI-generated overview

This vacant 2,412 square foot restaurant building is available for $110,000. Located at 391 N. Main St in Lansing, Kansas (zip code 66043), this property sits on a 0.92-acre lot. The building's previous tenant was a Burger King, featuring a convenient drive-thru. The property boasts a highly desirable location on a hard corner, providing excellent visibility and accessibility. High traffic counts ensure significant potential for any new restaurant concept. The property type is retail, specifically a restaurant, and the lease type is Absolute NNN. The building is currently vacant, presenting a unique opportunity for immediate occupancy. Its strategic placement within a thriving commercial area, surrounded by established national restaurant chains, guarantees a strong foundation for success. The property's size and features make it an ideal location for a variety of restaurant businesses seeking a high-traffic, easily accessible location in Lansing, Kansas. This is a turnkey opportunity for an entrepreneur looking to establish a successful restaurant venture in a prime location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2007
Construction FRAME
Total area 2,412 SF
Lot 0.89 ac (38,768 SF)
APN 106-24-0-10-07-078.63-0
UPID US33-0609918
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
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$522k
Blend (final) Blend
$520k
Owner & transaction history
Lansing Restaurant Investors LLC · 2 yrs held
Lansing Restaurant Investors LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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