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Property profile & analytics
OFF-MARKET Estimated value $1,025,000
Retail space

505 Housatonic St Burlington, KS 66839-1712

11,918 SF 2.2 ac lot Built 2014
Entity Owned Absentee Owner Free & Clear
Property ID
US33-1615000
Property summary
AI-generated overview

This exceptional 11,879 square foot retail storefront, located at 505 Housatonic St in Burlington, Kansas, presents a unique investment opportunity. Situated on a 2.2-acre lot, this property boasts a relatively new building in excellent condition. The property's previous use as a Wal-Mart Market provides a strong foundation for a variety of retail ventures. A significant advantage is the inclusion of gas pumps, underground tanks, and a complete fuel dispensing infrastructure, offering potential for added revenue streams. The strategic location adjacent to Chevrolet/Buick and Ford dealerships ensures high visibility and significant foot traffic. Furthermore, the property benefits from proximity to other established retailers, including Sonic, Subway, Pizza Hut, Dairy Queen, Casey's General Store, Shopko, and Dollar General, creating a vibrant and attractive commercial environment. The asking price for this turnkey retail space is $350,000, making it an attractive proposition for investors seeking a well-located, established property with significant potential. The property is zoned for commercial use and is located in Coffey County, Kansas, zip code 66839. This prime location offers excellent access and visibility, making it an ideal space for a variety of retail businesses. The property's size and existing infrastructure provide ample opportunity for expansion and customization to suit the needs of a new owner.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Total area 11,918 SF
Lot 2.2 ac (95,832 SF)
APN 138-34-0-10-01-001.01-0
UPID US33-1615000
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M
Owner & transaction history
SWATI REAL EST LLC
SWATI REAL EST LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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