506 W Main Street

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506 W Main Street

Cherryvale, KS 67335
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land site encompassing 9,912 square feet total
  • Strategically situated address at 506 W Main Street
  • Development parcel located within the city of Cherryvale
  • Asset supports versatile commercial retail or service uses
  • Well positioned for development in southeast Kansas

What's Special

This 9,912 square foot commercial land parcel sits at 506 W Main Street in Cherryvale, Kansas. Positioned within a localized retail and industrial corridor, the site provides a functional footprint suitable for varied development projects. Cherryvale maintains a steady presence as part of the broader southeast Kansas landscape, serving as a regional hub for smaller community operations and services. The topography and size of this property allow for a range of commercial applications, including new construction for retail storefronts, service-oriented facilities, or professional workspace storage. Investors and developers looking to expand their regional footprint will find the site accessibility consistent with established municipal utility access and main thoroughfare connectivity. The location is suited for business owners seeking a ground-up development opportunity to establish a permanent presence in a stable, accessible Kansas market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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