1004 E 12th Ave

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1004 E 12th Ave

Emporia, KS 66801
Asking Price
$360K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 2.57 acres available for sale.
  • Property is situated in the city of Emporia, Kansas.
  • Asking price for the commercial development site is $359,500.
  • Versatile land asset suitable for various commercial building uses.
  • Location provides access to regional traffic within the submarket.

What's Special

This commercial land acquisition in Emporia, Kansas, presents a strategic development prospect for investors and business operators seeking to establish a presence in this growing regional hub. The site encompasses 2.57 acres, providing sufficient space for various commercial projects tailored to local market needs. Positioned at 1004 E 12th Ave, the parcel benefits from the connectivity of the surrounding submarket, which serves as a central point for regional commerce. Given the scale and characteristics of the property, the asset is suitable for retail, office, or service-oriented development projects that require functional site access. The Emporia area maintains a steady economic landscape, supported by a workforce and consumer base that relies on well-placed commercial infrastructure. Developers looking to secure a foothold in a stable Midwest market will find this acreage versatile for long-term project planning and build-to-suit operations.

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NOI
$80,000
Cap Rate
22.25%
DSCR
3.75
Strong
Cash-on-Cash
54.39%
Monthly Payment
$1,778.61
Annual Cash Flow
$58,656.682

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