Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    26755 W 199Th St Gardner, KS 66030

    Sponsored
    For Sale
    $600,000

    Vacant Land - Gardner, KS

    Lot size:
    12.50 Acres
    Days on Market:
    238
    Last Refresh:
    Jan 27 at 2:06 am

    Property Features for 26755 W 199Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    12.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shea Miller

    Arrowhead Land Company 833-USE-AHLC

    Listing agent Shea Miller (833) 873-2452

    Listing date Jun 4, 2025

    MLS# 11509987 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Land in Growing Community

    This 12.5± acre property is located in southern Johnson County, approximately 5± miles southeast of Gardner and 5± miles northwest of Spring Hill. The land has blacktop road frontage on W 199th Street. All utilities are available at the road. The land features natural topography with good drainage, suitable for adding a pond. There is a small wooded section that offers cover for wildlife. The property is suited for building a custom home, setting up a small hobby farm, or land investment. Sycamore Ridge Golf Club is approximately 4± miles away. There are signs of deer throughout the property and along the tree line. The nearly identical adjacent 12.5± acres is also available for purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gardner
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8939
    Latitude
    38.7656

    Nearby Similar for Sale

    • $365,000
      1,949 SF

      Turn-Key Home in Gardner

      Built in 2017, this home offers modern touches throughout.
      16485 Blair St, Gardner, KS 66030
      View Details
    • $2,800,000
      4.62 Acres

      Commercial Opportunity in Growing Community

      High-visibility commercial property with expansion potential in Gardner, Kansas.
      18320 S Center St, Gardner, KS 66030
      View Details
    • Contact for pricing
      24,500 SF

      Industrial Space Near I-35

      Industrial space with dock and drive-in loading door near I-35.
      821-851 E Warren St, Gardner, KS 66030
      View Details
    • Contact for pricing
      12,034 SF

      Industrial Space Near I-35

      Industrial space with drive-in loading door, near I-35.
      801-813 E Warren St, Gardner, KS 66030
      View Details
    • Contact for pricing
      356,200 SF

      New Century Warehouse For Sale

      356,200+/- SF spec building in New Century, Kansas.
      159th St & John Glenn Pkwy, New Century, KS
      View Details
    • Contact for pricing
      752,400 SF

      New Century Spec Building

      752,400 SF spec building in New Century, Kansas.
      159Th St, New Century, KS 66031
      View Details
    • $575,000
      3,800 SF

      Gardner, KS Office Building For Sale

      3800 SF office building with three tenants and parking.
      230 E Main St, Gardner, KS 66030
      View Details
    • $12,500,000
      456,303 SF

      New Century Office Building - $12.5M

      Prime Office Space, Kansas City Metro Area
      600 New Century Pkwy, New Century, KS 66031
      View Details
    • $3,750,000
      78.33 Acres

      Gardner, KS Industrial Warehouse

      78-Acre Warehouse Development Opportunity
      20480 Gardners Rd, Gardner, KS 66030
      View Details
    • Contact for pricing
      200,566 SF

      New Century Commerce Center Warehouse

      200,566 SF Warehouse in Olathe, KS
      16335 John Glenn Pkwy, Gardner, KS 66061
      View Details

    FAQs

    What type of property is this?
    Land - 12.5 acre property with potential for custom home or investment.
    Where is this land located?
    The property is located at 26755 W 199Th St Gardner, KS.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 12.5± acre property in a prime location in southern Johnson County, offering privacy and potential.; - Conveniently located between Gardner and Spring Hill, near Sycamore Ridge Golf Club.; - Versatile land suitable for building a custom home, hobby farm, or investment.
    (833) 873-2452
    Request Owner's contact information
    26755 W 199Th St Gardner, KS 66030
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    26755 W 199Th St
    Gardner, KS 66030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26755 W 199Th St Gardner, KS 66030
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shea Miller
    (833) 873-2452
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.