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    91 Ter Lenexa, KS 66227

    For Sale
    $250,000

    Prime Lenexa development land, residential zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.5-acre parcel presents a remarkable investment opportunity in the thriving city of Lenexa, Kansas. Located near the intersection of Gander Road and 91st Terrace, this property boasts a desirable location within Johnson County, zip code 66227. Currently zoned for residential use, the land is ideally suited for development. Preliminary plans already exist for the creation of residential building lots, seamlessly integrating with the future Creekside Park development. The property's natural beauty is a significant asset, featuring attractive topography, a flowing streamway, and wooded areas. This combination of prime location, existing development plans, and appealing natural features makes this 3.5-acre tract an exceptional opportunity for discerning investors seeking to capitalize on the growth potential of Lenexa. The property's coordinates are 38.97346 latitude and -94.8740636 longitude. The asking price for this remarkable land parcel is $250,000. Don't miss this chance to acquire a piece of Lenexa's promising future.

    Property Features for 0 91 Ter

    General Information

    Property type
    Land
    Lot Size
    152,460 SF

    HighLights

    • $250,000 asking price.
    • 3.5‑acre residential land parcel.
    • Located in Lenexa, Kansas, near Gander & 91st Terrace (zip code 66227).
    • Johnson County, KS location.
    • Suitable for residential development; preliminary plans exist for building lots connecting to the future Creekside Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson, KS
    State
    Kansas
    Longitude
    -94.8740636
    Latitude
    38.97346

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    FAQs

    What type of property is this?
    Land - Prime Lenexa development land, residential zoning.
    Where is this land located?
    The property is located at 91 Ter Lenexa, KS.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; 3.5-acre residential land parcel.; Located in Lenexa, Kansas, near Gander & 91st Terrace (zip code 66227).
    Request Owner's contact information
    91 Ter Lenexa, KS 66227
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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
    91 Ter Lenexa, KS 66227
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