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Property profile & analytics
OFF-MARKET
Warehouses

505 3rd St Fort Scott, KS 66701

12,000 SF 0.79 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Property ID
US33-1596860
Property summary
AI-generated overview

This unique 1-story industrial property, located at 505 E 3rd Street, Fort Scott, Kansas 66701, presents a compelling investment opportunity. The property encompasses a substantial 34,559 square foot lot and includes multiple warehouse and storage buildings currently in functional condition. The existing structures offer immediate utility, while the overall layout and size allow for extensive redevelopment potential. This versatile property is suitable for a wide range of commercial uses, including but not limited to: warehouse and storage expansion, retail space development, office suite creation, manufacturing facility establishment, residential conversion, or even an event venue. The property's substantial size and prime location in Fort Scott, Bourbon County, Kansas offer significant room for growth and adaptation, making it an attractive prospect for entrepreneurs and investors seeking to capitalize on the area's business opportunities. The property requires renovation, presenting a chance to create a unique and profitable commercial space. This is a rare opportunity to acquire a historically significant property with extensive commercial possibilities.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 12,000 SF
Lot 0.79 ac (34,412 SF)
Zoning code C2
APN 119-30-0-40-10-001.00-0
UPID US33-1596860
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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Comparable Approach Comparable
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Owner & transaction history
ROSHBRARY INC
ROSHBRARY INC
Zoning & alternative use
C2 · Fort Scott, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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