1500 Kansas AveLiberal, KS 67901

  • Drive through restaurants
  • 5,709 SF

Property Details for 1500 Kansas Ave

Year built
1999
Construction
FRAME
Lot size
1.22 AC
Property size (Sq ft)
5,709 SF
Property type
Drive through restaurants
APN
149-29-0-40-04-001.00-0
APU
1492904004001000

Description

Liberal Plaza, located at 1500 N Kansas Ave, Liberal, KS 67901, offers exceptional retail and office space opportunities. This multi-tenant property boasts three available spaces ranging from 1,891 square feet to 5,200 square feet, providing flexibility for various business needs. The strategic location in Liberal, Kansas, places the property at the crossroads of major transportation arteries: US Highway 54, US Highway 83, and the Union Pacific Railroad. This prime location ensures high visibility and accessibility, drawing customers from a wide regional area including Kansas, Oklahoma, Texas, Colorado, and New Mexico. Liberal's designation as the "Crossroads of Commerce" highlights its robust economic activity and strong consumer base. The property's classification as both retail and office space allows for diverse occupancy options, catering to a broad spectrum of businesses. The available spaces present a unique chance to establish or expand a business in a thriving, strategically located market. This is an excellent opportunity to capitalize on the significant foot traffic and regional draw of this well-positioned property in a dynamic commercial center. The property's size range allows for businesses of various scales to find a suitable space. Contact us today to learn more about leasing options and explore the potential of this exceptional commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,147,568
    6.5%
    $1,059,293
    7%
    $983,629
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,254,101
    Geo Method
    $1,731,005
  • Alternative Use

    Use
    Valuation
    Residential
    $893,553
    Hospitality
    $818,490
    Educational
    $680,974
    Medical
    $704,394
    Retail
    $1,059,293

Location Insight

City
Liberal
County
Seward
State
Kansas
Latitude
37.0547
Longitude
-100.923
CBSA code
30580
CBSA name
LIBERAL, KS MICROPOLITAN 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
$28,795
$48,348
$109,440
$157,788
-
$193,390
$437,760
$631,150

FAQs

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