1800 River StEureka, KS 67045

  • Retail space
  • 7,500 SF
For Sale
$275,000 View listing

Property Details for 1800 River St

Year built
2001
Lot size
1.43 AC
Property size (Sq ft)
7,500 SF
Property type
Retail space
APN
261-02-0-10-01-016.00-0
APU
2610201001016000

Description

This 7,500 square foot freestanding retail building is located at 1800 E. River Street in Eureka, Kansas, on US Highway 54. Built in 2001, the property sits on a 1.43-acre lot and is zoned Commercial 1. The entire building is currently vacant, offering a unique opportunity for a new tenant or owner-occupant. Previously occupied by a Dollar General, the space features a large sales floor and ample storage area located on the east side of the building. The property boasts excellent access and visibility from US Highway 54, with the potential for a monument sign. A significant back lot provides room for future expansion. This prime location in Greenwood County, Kansas (zip code 67045), offers high traffic counts and strong potential for a variety of retail businesses. The property's size and location make it an ideal investment opportunity for entrepreneurs seeking a high-impact retail space. The building's layout is well-suited for a variety of retail uses, and the ample parking and visibility make it an attractive option for customers. This is a rare opportunity to acquire a well-located, spacious retail building in a growing community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,905,325
    6.5%
    $1,758,761
    7%
    $1,633,136
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,351,917
    Geo Method
    $1,351,917
  • Alternative Use

    Use
    Valuation
    Residential
    $1,483,581
    Hospitality
    $1,358,952
    Educational
    $1,130,632
    Medical
    $1,169,516
    Retail
    $1,758,761

Location Insight

City
Eureka
County
Greenwood
State
Kansas
Latitude
37.8184
Longitude
-96.2733

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
2022
$16,714
$3,160
$73,850
$77,010
-
$12,640
$295,400
$308,040

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