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Property profile & analytics
FOR SALE
Commercial real estate

400 N Main St Lansing, KS 66043

1,798 SF 1.3 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0241791
Property summary
AI-generated overview

This exceptional 1.31-acre commercial land parcel presents a rare opportunity in Lansing, Kansas. Situated on the highly trafficked K-7 highway, experiencing over 25,000 vehicles daily, this property boasts unparalleled visibility and accessibility. Zoned B3, it's ideally suited for a wide range of business ventures. The location is strategically positioned near established businesses including a Holiday Inn Express, Dollar General, IHOP, and several quick-service restaurants, ensuring high foot traffic and customer convenience. The asking price is $575,000, translating to approximately $438,931 per acre, reflecting the significant value of this prime location. Further enhancing its appeal, the property benefits from a property tax abatement and convenient curb cuts directly onto K-7, simplifying access and operations. This is one of the last remaining commercial lots available on this busy corridor in Leavenworth County, making it a truly exceptional investment opportunity. Don't miss your chance to secure this highly desirable commercial property in a thriving Kansas community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Construction FRAME
Total area 1,798 SF
Lot 1.3 ac (56,628 SF)
APN 094-19-0-20-03-023.00-0
UPID US33-0241791
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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Owner & transaction history
DEVELOPMENT INC
DEVELOPMENT INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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