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Presenting: 5.5 Acres on Wyatt Earp Blvd. Dodge City, KS

Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

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Page 1: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

Presenting:5.5 Acres on Wyatt Earp Blvd.

Dodge City, KS

Page 2: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

InSite Real Estate Group

Property Overview

Contact InformationMark Murphy (316) 618-1100 [email protected] Real Estate Group 608 W. Douglas Suite 106 Wichita, KS 67203

505-801 E. Wyatt Earp. Blvd.

Address505-801 East Wyatt Earp Blvd, Dodge City KS, 67801, Ford County

Features- Located in neighborhood revitalization project zone.- Economic incentives for development. - Highly visible from Wyatt Earp Blvd. - Located near major railroad artery. Industrial spur access available to railroad.- Opportunity for multiple forms of development: retail, restaurant, service, and/or industrial. - Located close to Dodge City Regional Airport.- Five separate lots available.

ZoningIndustrial

Land Area261,053.80 Square Feet

Traffic Count10,885 Vehicles Per Day

Sale Price$3.25/SF

Wyatt Earp Blvd.

5 LOTS AVAILABLE!

Page 3: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

Dodge City Overview

InSite Real Estate Group

Daytime Population32,944

Households9,713

Median Age30.5

Household Income$62,024/Yr

2018 Employed Population Agriculture 5.5%Construction 4.6%Manufacturing 29.2%Retail Trade 9.0%Services 33.2%

Residents and visitors of Dodge City and Ford County are able to get the best of both the new and old in the community. The city and county have retained much of its historical Old West and agriculture roots, while offering newer high quality recreational and retail facilities to the growing community. Additionally, the county is located near Wichita, KS, which offers big city amenities and economic benefit.

505-801 E. Wyatt Earp. Blvd.

Dodge City Overview

Page 4: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

Commercial Incentive

Applications can be obtained at theDodge City/Ford County

Development Corporation101 E. Wyatt Earp

PO Box 818Dodge City, KS 67801

(620) 227-9501

Neighborhood Revitalization

Program

Process• Obtain an application form from

the Dodge City/Ford County Development Corporation

• Obtain a building permit from City of Dodge City Development Services

• Submit Part 1 of the NRP application to the Ford County Appraisal Office with the $200 application fee

• County Appraiser conducts an appraisal

• Submit Part 2 of the NRP application to the Ford County Appraisal Office by December 1 of the year constrution is complete

• County Appraiser conducts a new appraisal and determines the new valuation

• County Appraiser will notify the County Treasurer to begin the rebate

ContactsDevelopment Services & Inspections

806 N. Second Ave.Dodge City, KS 67801

(620) 225-8105

Ford County Appraisals Office100 Gunsmoke StreetDodge City, KS 67801

(620) 227-4570

Dodge City/Ford County Development Corporation

101 E. Wyatt EarpDodge City, KS 67801

(620) 227-9501

District Rebate YearsDowntown Commercial 100% pro-rated (declines 10% each year) 10Historic 100% 10North Commercial 100% pro-rated (declines 10% each year) 10South Commercial 100% pro-rated (declines 10% each year) 10

This program is designed to give property owners in the designated NRP area the opportunity to receive a 10-year tax rebate on the increased value of the property. The incremental rebate is applied to the additional property taxes that are incurred as a result of rehabilitating or constructing new commercial property. It does not affect your current property taxes. You’re still required to pay all property taxes, but you will be rebated a percentage of the increase that is due to the improvements if the project meets all requirements. Property tax exemption does not include the property tax levied for the capital outlay funds by a school distrcit pursuant to the providions of K.S.A. 72-8801.

• $15,000.00 minimum investment• 5% minimum increase in assessed

valuation• Property owner must file, and

have approved, an application with the County Appraiser before construction begins

• Property must be zoned appropriately

• Property and applicant must be current on property taxes, utility billings and applicable special assessments

• Improvements must conform with the City of Dodge City codes and building permit requirements

• Project must be complete before the rebate can be applied

• Qualifying improvements include new construction, rehabilitation, alterations and additions

Rebate & Qualifications

Qualifications

Economic Development Opportunities

InSite Real Estate Group 505-801 E. Wyatt Earp. Blvd.

This property has an opportunity to be located in a CID, community improvement district. Additional 1% sales tax added to purchases in district paid back to the developer over 22 years to offset development costs.

Neighborhood Revitalization Program

Page 5: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

Property Aerial and Potential Development

InSite Real Estate Group 505-801 E. Wyatt Earp. Blvd.

Page 6: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

Wyatt Earp Blvd.Dodge City Economic Development Center

Neighborhood Aerial

InSite Real Estate Group

SITE

Cen

tral A

ve

505-801 E. Wyatt Earp. Blvd.

Page 7: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

SITE

InSite Real Estate Group

City Map

Dodge City Regional Airport

Wright Park Zoo

Boot Hill Museum

Wyatt Earp Blvd.

2nd

Ave

505-801 E. Wyatt Earp. Blvd.

Page 8: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction

Development Option and Preliminary Plat

InSite Real Estate Group 505-801 E. Wyatt Earp. Blvd.

Page 9: Presenting - InSite Real Estate Group Earp Land Package Lres.pdfvaluation • Property owner must file, and have approved, an application with the County Appraiser before construction