401 Buchanan Ln Galena, KS 66739
This 8-acre parcel in Galena, Kansas, presents a unique investment opportunity situated near historic Route 66. The property offers potential for various developments, including a trailer park or RV park, given its convenient location. Alternatively, the land could be subdivided into approximately eight 1-acre lots, ideal for residential development. Existing infrastructure includes city water, electric service, and a septic system located at a former homesite, providing a head start on development. Please note that the driveway on the south side of the property is not included in the sale. The seller has permission to utilize existing utilities on the land. This motivated seller is eager to receive offers. The property is located at 401 Buchanan Lane, Galena, KS 66739, and is priced at $79,900. This represents a compelling chance to capitalize on the area's potential and create a profitable venture. Serious inquiries are encouraged. Buyers are responsible for conducting their own due diligence regarding zoning regulations and development possibilities.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.