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    1215 Meadowlark Ln Kansas City, KS 66102

    Sponsored
    For Sale
    $159,000

    1.38 Acres, $159,000 - Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.38-acre commercial lot, located at 1215 Meadowlark Lane in Kansas City, Kansas (zip code 66102), presents a compelling development opportunity. Situated in Wyandotte County, this property boasts convenient access to major transportation arteries, including Interstate 70 and 57th Street. The strategic location offers significant advantages for businesses seeking high visibility and convenient access for customers. The asking price for this land is $159,000. The area is experiencing considerable growth, with several new businesses already under construction nearby. These include a 24-hour gas station, a coffee shop, a liquor store, and a fried chicken restaurant, all located just a short distance from the property. This influx of new businesses creates a vibrant and expanding commercial environment, making this lot an attractive investment for developers seeking to capitalize on the area's upward trajectory. The property's size and location make it suitable for a variety of commercial ventures, offering significant potential for future development and return on investment. This is a rare opportunity to acquire a prime commercial lot in a rapidly developing area of Kansas City, Kansas. The property is zoned for commercial use. Further details on zoning and development possibilities are available upon request.

    Property Features for 1215 Meadowlark Ln

    General Information

    Property type
    Land
    Lot Size
    60,113 SF

    HighLights

    • 1.38‑acre commercial lot in Kansas City, KS (66102) for $159,000.
    • Located on Meadowlark Lane with convenient access to I‑70 and 57th Street.
    • Zoned for commercial use; suitable for various commercial ventures.
    • High‑visibility location in a rapidly growing area with nearby new businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.709242
    Latitude
    39.117937

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    FAQs

    What type of property is this?
    Land - 1.38 Acres, $159,000 - Development Ready
    Where is this land located?
    The property is located at 1215 Meadowlark Ln Kansas City, KS.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: 1.38-acre commercial lot in Kansas City, KS (66102) for $159,000.; Located on Meadowlark Lane with convenient access to I-70 and 57th Street.; Zoned for commercial use; suitable for various commercial ventures.
    Request Owner's contact information
    1215 Meadowlark Ln Kansas City, KS 66102
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    Kansas City, KS 66102
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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
    1215 Meadowlark Ln Kansas City, KS 66102
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