505 3rd St Fort Scott, KS 66701
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Fort Scott, KSNo 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.