900 Alice Ave, Parsons, KS 67357-2179
This exceptional 0.83-acre lot, situated at 900 Alice Avenue in Parsons, Kansas, presents a compelling investment opportunity. Located in Labette County, zip code 67357 (latitude 37.3483266, longitude -95.2901925), this property offers significant potential for developers seeking to capitalize on the strong demand for multifamily housing. The expansive lot size provides ample space for the construction of multiple residential units, such as duplexes, making it an ideal project for investors looking to build a rental portfolio. The property's location within Parsons offers convenient access to local amenities, services, and transportation networks, further enhancing its appeal. The asking price for this remarkable land parcel is $29,800. This represents a rare chance to acquire a well-positioned property in a thriving Kansas community, poised for significant growth and return on investment. Serious inquiries are encouraged to explore this promising development opportunity. The address is clearly identified as 900 Alice Avenue.
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Parsons Seniors Apartments Apartment Building
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
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.