Clearwater Kansas In Park Glen Estates

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Clearwater Kansas In Park Glen Estates

Clearwater, KS 67026
Asking Price
$2.26M
Asset Type
Land
Class
Class B

What's Special

Situated in the Park Glen Estates of Clearwater, Kansas, this land asset offers a location within a growing residential and commercial pocket. The property is positioned with straightforward access to local thoroughfares, providing a direct connection to the greater Wichita metropolitan area. The surrounding neighborhood is characterized by a blend of established suburban housing and local service businesses. Nearby amenities include community parks, local schools, and essential retail centers within the Clearwater city limits, ensuring convenient proximity to regional infrastructure. The site is suited for flexible development, including light commercial services, professional office space, or specialized community facilities. An ideal tenant or owner-occupant would likely be a local service provider, a medical professional, or a small business looking to establish a presence within an expanding residential community. The land’s layout and transit access support uses that cater to both the immediate local population and the broader regional customer base seeking accessible professional services.

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NOI
$80,000
Cap Rate
3.54%
DSCR
0.60
Underwater
Cash-on-Cash
-7.99%
Monthly Payment
$11,181.247
Annual Cash Flow
$-54,174.963

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