1746 and 1748 North Dakota Road, Iola, KS 66749

$750,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$750,000
MLS#
2620628
Status
ACTIVE
Type
Multifamily
Lot Size
143,748
Acres
3.30

Property Description

PRIME COMMERCIAL DEVELOPMENT OPPORTUNITY WITH ESTABLISHED INCOME! Positioned at the high-traffic intersection of US-169 and US-54 in Iola, KS, this 3.3-acre commercial property offers a premier combination of immediate stability and massive development upside. Situated on a major thoroughfare connecting Kansas City to Tulsa, the strategic location ensures exceptional highway visibility, high daily traffic counts, and easy logistical access. The owner is a licensed Real Estate Broker in Kansas The property features a built-in "covered land" advantage, currently anchored by two solid, long-term commercial tenants and additional recurring income from an active billboard. Landlord overhead is kept to an absolute minimum, as the existing tenants pay 100% of their own utilities. This provides a low-maintenance, predictable stream of revenue while you plan your expansion. With 3.3 acres of total land, there is abundant, highly usable acreage ready for immediate ground-up development or commercial expansion. Unlike typical raw land, this site is uniquely shovel-ready, featuring heavy-duty electrical capacity and all essential utilities already established on-site. This is a rare opportunity to acquire a high-visibility crossroads location where the existing footprint carries the property while you build out the rest. For more details or to schedule a viewing, contact the listing agent today

Additional Information

Year Built
2023
Interior Features
Private Restroom, Public Restroom
Exterior Features
Storage
Taxes
$2,800
Zoning
Comm

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jennifer Chester of Crown Realty.

The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS and the company represented by this website do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Data last updated . Terms of Use