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    Cor Of Lind Rd & Ogg Rd Shawnee, KS 66218

    For Sale
    $5,645,000

    Prime Johnson County land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 162-acre property presents a unique investment opportunity in Shawnee, Kansas. Strategically located at the southeast corner of Lind Road and Ogg Road, this expansive land parcel boasts significant frontage along I-435 and Shawnee Mission Parkway, ensuring unparalleled visibility and accessibility. The property is zoned for Agriculture, with plans approved for mixed-use development encompassing retail, hotel, single-family, and multi-family residential uses. This versatility allows for a wide range of development possibilities, catering to diverse market demands. The site's location within a Tax Increment Financing (TIF) district and a portion within a Low-Income Housing Tax Credit (LIHTC) zone offers potential access to public incentives, further enhancing its financial attractiveness. With a daily traffic count exceeding 68,530 vehicles on I-435 and 27,755 on Shawnee Mission Parkway, this location guarantees high traffic exposure. The area also demonstrates strong demographics, featuring substantial population growth and a high median household income, indicating a robust and growing market. The asking price is $5,645,000, translating to $0.80 per square foot. This represents a compelling value proposition for developers seeking a large-scale project in a prime location with significant development potential and access to potential public incentives. The property's size and zoning make it suitable for a variety of large-scale projects.

    Property Features for 0 Cor Of Lind Rd & Ogg Rd

    General Information

    Property type
    Farms
    Lot Size
    7,056,720 SF

    HighLights

    • $5,645,000 asking price for 162 acres of vacant land.
    • I‑435 frontage, situated between Shawnee Mission Parkway & Johnson Drive in Shawnee, KS.
    • High visibility from Shawnee Mission Parkway and I‑435, with excellent demographics and high household income.
    • High traffic counts: 68,530 vehicles per day (VPD) on I‑435 and 27,755 VPD on Shawnee Mission Parkway.
    • Located in a Tax Increment Financing (TIF) district, with a portion in a Low‑Income Housing Tax Credit (LIHTC) zone; other public incentives may be available.
    • Zoned for Agriculture, with planned mixed‑use development permitted for retail, hotel, single‑family, and multi‑family uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7974477
    Latitude
    39.0144106

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    FAQs

    What type of property is this?
    Farm - Prime Johnson County land, ideal for development.
    Where is this farm located?
    The property is located at Cor Of Lind Rd & Ogg Rd Shawnee, KS.
    What is the asking price?
    The asking price for this property is $5,645,000.
    What are key features of this property?
    This property features: $5,645,000 asking price for 162 acres of vacant land.; I-435 frontage, situated between Shawnee Mission Parkway & Johnson Drive in Shawnee, KS.; High visibility from Shawnee Mission Parkway and I-435, with excellent demographics and high household income.
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    Realmo Value Estimation

    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

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    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.

    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
    Cor Of Lind Rd & Ogg Rd Shawnee, KS 66218
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