Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Neu Field Airpark Land Parcels Title is generated by Realmo AI

    LOT 5 & 5A Hollingsworth Road, Basehor, KS 66007

    View on Map
    Claim this Listing
    For Sale
    $215,000

    Two parcels in aviation community for residential and hangar use.

    Type:Unimproved Land
    Lot size:
    4.24 Acres
    Added:
    Mar 20, 2026
    Days on Market:
    76
    Last Refresh:
    May 27 at 5:18 am

    Property Features for LOT 5 & 5A Hollingsworth Road

    General Information

    Standard status
    Active
    Lot size
    4.24 Acres
    Property subtype
    Unimproved Land

    We can help!

    Listing Contact
    Karim Majed

    Listing agent Karim Majed

    Listing office Keller Williams Realty Partners, Inc

    Listing date Mar 20, 2026

    Source Kw

    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 Keller Williams Realty Partners, Inc

    HighLights

    • Direct access to a private aircraft hangar from your future home.
    • Located in the highly anticipated Neu Field Airpark aviation community.
    • Includes 4.24 total acres across two separate parcels.
    • One lot is ready for building a custom home.
    • The additional lot is designated and prepared for a private aircraft hangar.
    • Opportunity to be part of a growing, aviation‑focused community.

    Overview

    This offering features 4.24 total acres across two separate parcels in the Neu Field Airpark. One lot is suited for residential construction, while the other is designated for a private aircraft hangar. This setup is designed to provide convenient access to aircraft. The property is located in an up-and-coming airpark community, offering space to design a home and hangar. This property is intended for aviation enthusiasts.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Auto Repair Shop Auto Parts Store Gym & Fitness Center Food Market Garden Center Grocery & Convenience Store Shopping Center & Mall

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

    Location Insight

    • Map
    • Local Demand
    City
    Basehor
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.903707
    Latitude
    39.173709

    Nearby Similar for Sale

    • $700,000

      Prime Commercial Development Opportunity

      Exceptional commercial lots in a rapidly growing Kansas City community.
      Pinehurst Drive lot: 4, Basehor, KS 66007
      View Details
    • $350,000

      Prime Commercial Development Opportunity

      Exceptional commercial lots in a rapidly growing Kansas City community.
      Pinehurst Drive lot: 1, Basehor, KS 66007
      View Details
    • $350,000

      Prime Commercial Development Opportunity

      Exceptional commercial lots in a rapidly growing Kansas City community.
      Pinehurst Drive lot: 2, Basehor, KS 66007
      View Details
    • $350,000

      Prime Commercial Development Opportunity

      Exceptional commercial lots in a rapidly growing Kansas City community.
      Pinehurst Drive lot: 3, Basehor, KS 66007
      View Details
    • $210,000

      Neu Field Airpark Land Opportunity

      4.14 acres for residential and aviation use.
      LOT 2 & 2A Hollingsworth Road, Basehor, KS 66007
      View Details
    • $1,100,000

      Aviation Land in Neu Field

      21.8 acres for residential and aviation use.
      Hollingsworth Road, Basehor, KS 66007
      View Details
    • $205,000

      Airpark Land for Aviation Enthusiasts

      Two parcels totaling 4.07 acres in Neu Field Airpark.
      LOT 6 & 6A Hollingsworth Road, Basehor, KS 66007
      View Details
    • $215,000

      Neu Field Airpark Land Opportunity

      4.24 acres for residential and aviation use.
      LOT 5 & 5A Hollingsworth Road, Basehor, KS 66007
      View Details
    • $5,360,000

      Prime Development Land Opportunity

      133+/- acre commercial land with exceptional road frontage and access.
      147th Street, Basehor, KS 66007
      View Details
    • $220,000

      Land Ready for Aviation Community

      4.39 acres for residential and aviation use.
      LOT 3 & 3A Hollingsworth Road, Basehor, KS 66007
      View Details
    • $250,000

      Land Ready for Aviation Community

      4.95 acres for residential and aviation use.
      LOT 4 & 4A Hollingsworth Road, Basehor, KS 66007
      View Details
    • $6,000,000

      Prime Land on 158th Street

      Land with frontage on 158th Street near intersection.
      18625 158th. Street, Basehor, KS 66007
      View Details

    FAQs

    What type of property is this?
    Recreation land - Two parcels in aviation community for residential and hangar use.
    Where is this recreation land located?
    The property is located at LOT 5 & 5A Hollingsworth Road Basehor, KS.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Direct access to a private aircraft hangar from your future home.; Located in the highly anticipated Neu Field Airpark aviation community.; Includes 4.24 total acres across two separate parcels.
    (785) 473-3286
    We can help!
    Listing Contact
    Karim Majed
    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

    Thank You for Inquiry
    LOT 5 & 5A Hollingsworth Road, Basehor, KS 66007
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!