Add Listing
    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

    41 Lou Ann Dr Lacygne, KS 66040

    View on Map
    For Sale
    Contact for pricing

    Lake Lots

    Property size:
    23,958 SF
    Lot size:
    0.55 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    28
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 41 Lou Ann Dr

    General Information

    Standard status
    Active
    Property type
    Other retail properties, Residential land & home lots, Recreation land, Retail properties & Spaces, Land
    Size
    23,958 SF
    Lot size
    0.55 Acres

    We can help!

    Listing Contact
    Neva Thurston
    Neva Thurston

    Listing agent Neva

    Listing office

    Listing date Mar 4, 2026

    Overview

    Tanglewood Lake Lots For Sale

    Three lake lots, totaling 0.55 acres, are available within the Tanglewood community, approximately 60 miles from Kansas City. The property features trees and is suitable for building a new home or vacation cabin. Located 8 miles outside of LaCygne and 30 miles from Garnett, Tanglewood consists of three lakes, with the largest lake offering boat recreation and all lakes suitable for fishing. The property is a building site with lake recreation.
    Location Intelligence

    Current Use by Public Records

    Retail properties & Spaces

    Suggested Use

    Big Box & Wholesale Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lacygne
    County
    Linn
    State
    Kansas
    Longitude
    -94.7608
    Latitude
    38.3335

    Nearby Similar for Sale

    • $23,900

      Residential Lots in La Cygne

      Two residential lots for building in La Cygne, Kansas.
      S 6th & 7th Street, La Cygne, KS 66040
      View Details
    • $6,999

      Residential Land in Gated Community

      Flat, treed lot with amenities near Overland Park.
      5 Itasca Lane, La Cygne, KS 66040
      View Details
    • $21,999

      Lake Access Land in Lacygne

      Three lots near Tanglewood Lakes, ready for recreation or building.
      49 & 53 Termical Drive, Lacygne, KS 66040
      View Details
    • $32,000

      Land Near Lake and Golf

      Residential land near lake and golf course with community amenities.
      85 Windbrook Drive, La Cygne, KS 66040
      View Details
    • $11,000

      Lake Property in Linn Valley

      Oversized lot in gated lake community with many amenities.
      6 Misty Lane, La Cygne, KS 66040
      View Details
    • $9,000

      Residential Lot Near Tanglewood Lake

      Residential lot near Tanglewood Lake with access to amenities.
      7514 Springcove Road, Lacygne, KS 66040
      View Details
    • $9,000

      Land in Tanglewood Lake Community

      Lot in quiet community with lake access for sale.
      7516 Springcove Road, Lacygne, KS 66040
      View Details
    • $9,000

      Wooded Lot Near Tanglewood Lake

      Wooded lot in peaceful Tanglewood Lake community.
      7515 Springcove Road, Lacygne, KS 66040
      View Details
    • $495,000

      La Cygne Corner Lot

      10.2 acre corner lot near highway and power plant.
      E 2200th Rd, La Cygne, KS 66040
      View Details

    FAQs

    What type of property is this?
    Other retail property - Lake Lots
    Where is this other retail property located?
    The property is located at 41 Lou Ann Dr Lacygne, KS.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Tanglewood Lake; Building Site; Lake Recreation
    (785) 806-3784
    We can help!
    Listing Contact
    Neva Thurston
    Neva Thurston
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!