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    2032 Andover Rd Andover, KS 67002

    For Sale
    Contact for pricing

    Prime Andover, KS development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial land offering in Andover, Kansas, presents a unique investment opportunity. The property comprises three separate lots, strategically located along N Andover Rd, in Butler County, zip code 67002. Lot 1, situated at 2032 N Andover Rd, encompasses 0.9 acres (39,204 sq ft) and is priced at $7.00 per square foot. Lot 2, located at 2014 N Andover Rd, offers 1.2 acres (52,272 sq ft) at $12.00 per square foot. Finally, Lot 3, at 1952 N Andover Rd, spans 1.4 acres (60,984 sq ft) and is also priced at $12.00 per square foot. All three lots are zoned B3 - Retail & Service District, providing flexibility for a variety of commercial developments. 2022 property taxes for Lot 1 were $21,694.43, $16,742.29 for Lot 2, and $19,637.80 for Lot 3. Andover is consistently ranked highly, including a top spot among Wichita area suburbs for homebuyers and a top-seven ranking for public schools in Kansas. The property benefits from its proximity to Wichita, a metro area boasting a population of 527,000 and a median household income of $88,960, offering a strong potential market for commercial ventures. This prime location and zoning make this an ideal opportunity for investors seeking high-growth potential in a thriving community.

    Property Features for 2032 Andover Rd

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • Three contiguous commercial lots totaling 3.5 acres in Andover, KS (zip code 67002), situated along N Andover Rd.
    • Lot sizes range from 0.9 acres to 1.4 acres, priced from $7.00 to $12.00 per square foot.
    • B3 - Retail & Service zoning allows for diverse commercial development.
    • 2022 property taxes ranged from $16,742.29 to $21,694.43 per lot.
    • Strong location near Wichita, a metro area with a population of 527,000 and a median household income of $88,960.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Butler
    State
    Kansas
    Longitude
    -97.1337071
    Latitude
    37.7224546

    Nearby Comparable

    • Contact for pricing

      Available Land in Andover

      Land for sale in Andover, Kansas, near Wichita.
      2032 N Andover Rd, Andover, KS 67002
      View Details
    • $3,789,720

      Prime Land in Andover, Kansas

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      Prime Land in Andover, Kansas

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      Andover Commercial Land - Prime Location

      Four-acre commercial lot, high-traffic area.
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      Andover Rd. Commercial Land Opportunity

      Prime Andover, KS commercial lot, B-3 zoning.
      1846 Andover Rd, Andover, KS 67002
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    • $340,000
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      Prime Land Near Andover Schools

      Commercial land near schools with utilities and road frontage.
      1846 N Andover Rd, Andover, KS 67002
      View Details

    Nearby Similar for Sale

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      Free-Standing Building in Andover

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      Free-Standing Building in Andover

      9,549 SF building suitable for office, medical, or retail.
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    FAQs

    What type of property is this?
    Land - Prime Andover, KS development land.
    Where is this land located?
    The property is located at 2032 Andover Rd Andover, KS.
    What are key features of this property?
    This property features: Three contiguous commercial lots totaling 3.5 acres in Andover, KS (zip code 67002), situated along N Andover Rd.; Lot sizes range from 0.9 acres to 1.4 acres, priced from $7.00 to $12.00 per square foot.; B3 - Retail & Service zoning allows for diverse commercial development.
    (316) 371-8087
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    2032 Andover Rd Andover, KS 67002
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    Andover, KS 67002
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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

    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.

    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
    2032 Andover Rd Andover, KS 67002
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