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    22900 83 Ter Lenexa, KS 66227

    For Sale
    $500,000

    2.7-acre lot, high traffic, ideal retail

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.7-acre land parcel, located at 22900 W 83rd Street in Lenexa, Kansas, presents a remarkable development opportunity. Situated in Johnson County, zip code 66227, this property boasts an unparalleled location directly on 83rd Street, offering exceptional highway accessibility and exposure to high traffic volumes. The area is experiencing significant growth, making this site perfect for a variety of commercial ventures. Imagine a thriving retail strip center, a bustling restaurant, or another complementary business capitalizing on the high visibility and convenient access. The property's proximity to K-7 highway further enhances its strategic advantage, ensuring easy access for customers and employees. This prime location is on the north side of 83rd Street, providing excellent visibility and accessibility. The asking price for this exceptional development opportunity is $500,000. Don't miss this chance to secure a piece of Lenexa's burgeoning commercial landscape.

    Property Features for 22900 83 Ter

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre land parcel in Lenexa, Kansas.
    • Located at 22900 W 83rd Street, zip code 66227.
    • High‑traffic location on 83rd Street with excellent highway accessibility.
    • Prime location in a rapidly growing area of Johnson County.
    • $500,000 asking price.
    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
    State
    Kansas
    Longitude
    -94.8502152
    Latitude
    38.978203

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    FAQs

    What type of property is this?
    Land - 2.7-acre lot, high traffic, ideal retail
    Where is this land located?
    The property is located at 22900 83 Ter Lenexa, KS.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 2.7-acre land parcel in Lenexa, Kansas.; Located at 22900 W 83rd Street, zip code 66227.; High-traffic location on 83rd Street with excellent highway accessibility.
    Request Owner's contact information
    22900 83 Ter Lenexa, KS 66227
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    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
    22900 83 Ter Lenexa, KS 66227
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