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    OFF-MARKET
    Commercial real estate

    515 85Th St, Park City, KS 67147

    Property ID
    US33-0078813
    Property summary
    AI-generated overview

    This exceptional 10.5+/- acre property in Park City, Kansas, presents a unique multi-use development opportunity. Currently featuring an operational automotive sales facility and three existing houses, the majority of the land is vacant and ready for redevelopment. The property is zoned Rural Residential and boasts a strategic location near key amenities and infrastructure. Its proximity to the Amazon Fulfillment Center, Park City Arena, Crosswinds Casino, and the new $300 million Champtown project (three miles south) offers significant advantages for future development. The site is conveniently located near the intersection of E. 85th St. N. and N. Broadway Ave., an intersection slated for future conversion into a roundabout, enhancing accessibility and visibility. Multiple industrial warehouse and retail developments are also nearby, creating a thriving commercial environment. Two adjacent properties may also be available for acquisition, expanding potential development scope. The 2023 property taxes totaled $83,773.54 (General: $83,739.00

    Property profile
    Verified
    Property type Commercial real estate
    UPID US33-0078813
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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