301 Levee DrManhattan, KS 66502

Property Details for 301 Levee Dr

Year built

1999

Lot size

21.14 AC

Property size (Sq ft)

35,028 SF

Property type

Office properties

APN

313-08-0-00-00-006.00-0

APU

3130800000006000

Description

This exceptional 6.27-acre commercial land parcel presents a compelling investment opportunity in Manhattan, Kansas. Located at 301 Levee Dr, 66502, this property boasts a highly desirable location with excellent visibility and accessibility. Zoned for C-1 and C-2 commercial uses, it offers a wide range of development possibilities for businesses seeking a strategic presence in this thriving area. The property's APN is available upon request. The land is owned by Farrar Corporation and sits conveniently on the west side of their existing facility at 310 Levee Drive, offering potential synergy opportunities. This prime location in Pottawatomie County provides easy access to major transportation routes and a robust local economy. The asking price for this significant commercial land holding is $470,250. Serious inquiries are encouraged to explore the full potential of this exceptional investment. Don't miss this chance to acquire a substantial piece of Manhattan's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $6,053,489

  6.5%

  $5,587,836

  7%

  $5,188,705

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,505,553

  Geo Method

  $2,505,553

• Alternative Use

  Use

  Valuation

  Residential

  $6,928,917

  Hospitality

  $6,346,850

  Educational

  $5,280,505

  Medical

  $5,462,110

  Retail

  $8,214,119

Location Insight

City

Manhattan

County

Pottawatomie

State

Kansas

Latitude

39.1947

Longitude

-96.5504

CBSA code

31740

CBSA name

MANHATTAN, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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