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

    43Rd St Shawnee, KS 66226

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    155 acres of land suitable for industrial development.

    Property size:
    155 SF
    Lot size:
    155.00 Acres

    Property Features for 43Rd St

    General Information

    Size
    155 SF
    Lot size
    155.00 Acres

    We can help!

    Listing Contact
    Tom Kennedy, Sior
    Source: Naiglobal

    Listing Agent: Tom Kennedy, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    155 Acres Industrial Development Site

    This 155-acre property, with additional adjacent land available in sizes ranging from 35 to 112 acres, presents a development opportunity. The typography is clear and graded, with the exception of parcels 6 and 7. A BNSF rail line runs through the property. The site benefits from accessibility to K-7 and favorable demographics. Currently zoned as Agriculture, the property is anticipated to be rezoned for industrial use, making it a suitable industrial development site.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.852334
    Latitude
    39.050463

    Nearby Similar for Sale

    • $215,000
      1,056 SF

      Shawnee Duplex in Prime Location

      Well-kept duplex near shopping, dining, and parks in Shawnee, KS.
      9402 W 48 Ter, Shawnee, KS 66203
      View Details
    • $1,900,000
      0.58 Acres

      Retail Strip Mall Investment Opportunity

      Fully occupied retail strip mall with long-term tenants and recent upgrades.
      12119 Johnson Dr, Shawnee, KS 66216
      View Details
    • $1,900,000
      14,560 SF

      Shawnee Retail Center Investment Opportunity

      Multi-tenant retail center in Shawnee, Kansas with investment upside.
      12119 Johnson Dr, Shawnee, KS 66216
      View Details
    • Contact for pricing
      20,000 SF

      Upscale Flex/Industrial Space Available

      Flex/industrial space in Shawnee with freeway access and lay-down yard.
      18740 Johnson Dr, Shawnee, KS 66217
      View Details
    • Contact for pricing
      33,000 SF

      Industrial/Flex Building Near I-435

      Class A industrial/flex building with drive-in and dock loading.
      18760 Johnson Dr, Shawnee, KS 66217
      View Details
    • $3,650,000
      15,000 SF

      Auto Dealership with Showroom

      15,000 SF auto dealership with showroom and service area.
      6801 Hedge Ln Ter, Shawnee, KS
      View Details
    • Contact for pricing
      11,150 SF

      Warehouse Space Available in 2025

      Warehouse space with K-7 Highway access, available May 2025.
      23704-23724 W 83 Ter, Shawnee, KS 66227
      View Details
    • $1,938,813
      6,772 SF

      Shawnee Office Building For Sale

      Office building with 6,772 square feet of space.
      16663 Midland Dr, Shawnee, KS 66217
      View Details
    • Contact for pricing
      257,615 SF

      Shawnee Distribution Center

      257,615 SF Industrial Building For Sale
      23555 43Rd St, Shawnee, KS 66226
      View Details

    FAQs

    What type of property is this?
    Land - 155 acres of land suitable for industrial development.
    Where is this land located?
    The property is located at 43Rd St Shawnee, KS.
    What are key features of this property?
    This property features: - Perfect industrial development site; - 155 acres (2.63-155 acres); - Anticipated industrial zoning
    (913) 515-3758
    Request Owner's contact information
    43Rd St Shawnee, KS 66226
    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.
    43Rd St
    Shawnee, KS 66226
    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
    43Rd St Shawnee, KS 66226
    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
    Tom Kennedy, Sior
    (913) 515-3758
    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.