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    21st 159 St Andover, KS 67002

    For Sale
    $3,201,660

    4.9-acre commercial lot, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4.9-acre commercial land parcel presents a unique investment opportunity in Andover, Kansas. Located at the highly visible intersection of 21st and 159th Streets, this property boasts 881 feet of frontage on 21st Street and 250 feet on 159th Street, ensuring maximum exposure. The land is zoned PUD, offering flexibility for a variety of commercial developments. The asking price is $3,201,660, translating to $15.00 per square foot. 2022 property taxes totaled $14,768.86, with general taxes at $68.00 and special assessments at $14,700.86. Note that these special assessments are scheduled to be paid out in 2031. Andover consistently ranks highly

    Property Features for 21st 159 St

    General Information

    Property type
    Land
    Lot Size
    213,444 SF

    HighLights

    • 4.9‑acre commercial land parcel in Andover, Kansas.
    • High‑visibility location at the intersection of 21st and 159th Streets, with 881 feet of frontage on 21st Street and 250 feet on 159th Street.
    • PUD zoning allows for diverse commercial development options.
    • Priced at $3,201,660, or $15.00 per square foot.
    • 2022 property taxes were $14,768.86 (including special assessments payable in 2031).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Butler
    State
    Kansas
    Longitude
    -97.152195
    Latitude
    37.723793

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    FAQs

    What type of property is this?
    Land - 4.9-acre commercial lot, excellent investment.
    Where is this land located?
    The property is located at 21st 159 St Andover, KS.
    What is the asking price?
    The asking price for this property is $3,201,660.
    What are key features of this property?
    This property features: 4.9-acre commercial land parcel in Andover, Kansas.; High-visibility location at the intersection of 21st and 159th Streets, with 881 feet of frontage on 21st Street and 250 feet on 159th Street.; PUD zoning allows for diverse commercial development options.
    (316) 371-8087
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    21st 159 St 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
    21st 159 St Andover, KS 67002
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