1 Hedge LnPaola, KS 66071

  • Drive through restaurants
  • 3,410 SF
For Sale
$425,000 View listing

Property Details for 1 Hedge Ln

Year built
2004
Lot size
1.01 AC
Property size (Sq ft)
3,410 SF
Property type
Drive through restaurants
APN
135-15-0-30-01-001.01-0
APU
1351503001001010

Description

This exceptional 1.05-acre commercial lot presents a rare opportunity for retail development in Paola, Kansas. Boasting unparalleled visibility on Highway 169, this property sits at Paola's highest traffic interchange, ensuring maximum exposure to potential customers. Its strategic location places it within 100 yards of numerous established national retail restaurants and stores, creating a synergistic environment that will naturally draw significant foot traffic to any future development on this site. The property's size offers ample space for a variety of retail concepts, from smaller boutique shops to larger-scale establishments. This is an ideal location for businesses seeking high visibility and convenient access to a thriving retail corridor. The high traffic count and proximity to established businesses make this a truly exceptional investment opportunity in a rapidly growing area. This prime location offers significant potential for immediate return and long-term growth. Don't miss this chance to secure a prominent position in Paola's bustling retail landscape. The asking price is $425,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $843,516
    6.5%
    $778,630
    7%
    $723,014
  • Comparable approach

    Method
    Valuation
    Relative Method
    $614,672
    Geo Method
    $614,672
  • Alternative Use

    Use
    Valuation
    Residential
    $656,804
    Hospitality
    $601,629
    Educational
    $500,548
    Medical
    $517,763
    Retail
    $778,630

Location Insight

City
Paola
County
Miami
State
Kansas
Latitude
38.5702
Longitude
-94.8565
CBSA code
28140
CBSA name
KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,249
$27,548
$225,428
$252,976
-
$110,190
$901,710
$1,011,900

FAQs

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