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Development Site with Duplex
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1509 N Andover Rd, Andover, KS 67002

Development site offers 200+ feet of frontage and an existing duplex for immediate cash flow potential.

Property Size31,500 SF
Days on Market121

Property Features for 1509 N Andover Rd

General Information

Standard status Active
Size 31,500 SF
Property subtype Retail

Additional Details

Multifamily Units 2
Listing Agency: ReeceNichols South Central Kansas
Listed By: Tim Kerr · License #KS 00242930
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 5:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ReeceNichols South Central Kansas

Investment Insights

Based on property information with market context.

This development site totals 31,500 square feet and features more than 200 feet of frontage. The property is positioned for either office or retail use, with an existing duplex that would provide immediate cash flow to the overall project.

The offering is located at 1509 N Andover Rd in Andover, KS 67002. Public remarks also note that 1509 and 1519 North Andover are both available for sale.

Overall, the configuration combines a sizable frontage-driven development parcel with an in-place duplex component intended to support near-term income.

Key Highlights

  • 31,500 SF development site with 200+ feet of frontage
  • Existing duplex on‑site, offering immediate cash flow potential
  • Located as 1509 & 1519 North Andover; both are listed for sale at $895,000

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Dental Office Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

Demographics for 67002, KS

16,518
Population
6,006
Households
2.8
Avg Household Size
35
Median Age
50%
College-Educated
97%
High-School Grad
37.5 sq mi
ZIP Area
440
Density / Sq Mi
$105,625
Median Household Income
$53,432
Median Earnings
$1,492
Median Rent
$272,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site offers 200+ feet of frontage and an existing duplex for immediate cash flow potential.
Where is this commercial land located?
The property is located at 1509 N Andover Rd Andover, KS.
What are key features of this property?
This property features: 31,500 SF development site with 200+ feet of frontage; Existing duplex on‑site, offering immediate cash flow potential; Located as 1509 & 1519 North Andover; both are listed for sale at $895,000
(316) 978-9777 Call to check price and availability
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