807 Webster StSpring Hill, KS 66083

Property Details for 807 Webster St

Year built

1920

Construction

FRAME

Lot size

1.03 AC

Property size (Sq ft)

1,798 SF

Zone code

C-2

Property type

Office properties

APN

EP10000013 0001A

APU

EP100000130001A

Description

This exceptional 1.03-acre commercial property, located at 807 N Webster Street in Spring Hill, Kansas (zip code 66083), presents a unique investment opportunity. The property is zoned C2, offering significant flexibility for a variety of commercial uses. Currently featuring a two-story, 1920s-era house, the property has historically served as a small business and could easily be repurposed for similar use, generating immediate income. The strategic location on a main street in Spring Hill, a growing community, ensures high visibility and excellent drive-by traffic, further enhanced by its proximity to a highway. The lot's size allows for substantial development potential, with the possibility of subdividing the land into as many as five separate lots, catering to multiple businesses or individual investors. This presents a rare chance to capitalize on the burgeoning commercial landscape of Spring Hill, offering both immediate income potential and long-term growth prospects. The property's versatility and prime location make it an ideal investment for entrepreneurs and developers alike. Don't miss this chance to secure a piece of Spring Hill's thriving commercial sector.

• CAP approach

  CAP return

  Valuation

  6%

  $302,560

  6.5%

  $279,286

  7%

  $259,337

• Comparable approach

  Method

  Valuation

  Relative Method

  $128,611

  Geo Method

  $128,611

• Alternative Use

  Use

  Valuation

  Residential

  $346,315

  Hospitality

  $317,222

  Educational

  $263,925

  Medical

  $273,002

  Retail

  $410,550

Location Insight

City

Spring Hill

County

Johnson

State

Kansas

Latitude

38.7511

Longitude

-94.826

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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