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    87th St & Quivira Rd Lenexa, KS 66215

    Sponsored
    For Sale
    $795,000

    1.93-acre commercial lot, prime Lenexa location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.93-acre commercial land parcel presents a remarkable investment opportunity in Lenexa, Kansas. Strategically located at the southwest corner of 87th Street and Quivira Road, this highly visible site offers unparalleled exposure and serves as a gateway to the thriving Lenexa community. Zoned CP2 – Planned Community, this property allows for a wide range of commercial development possibilities. The site boasts immediate access to Interstate 35, ensuring excellent connectivity and accessibility for businesses and customers alike. Adding to its appeal, this property is situated within an Opportunity Zone, providing potential tax advantages for investors. The asking price for this prime commercial land is $795,000. With its ideal location, flexible zoning, and proximity to major transportation arteries, this property represents a compelling investment opportunity for developers and businesses seeking a prominent presence in the dynamic Lenexa market. The Johnson County location and 66215 zip code further enhance its desirability.

    Property Features for 87th St & Quivira Rd

    General Information

    Property type
    Land
    Lot Size
    84,071 SF

    HighLights

    • $795,000 asking price.
    • 1.93‑acre commercial land parcel.
    • CP2 Planned Community zoning.
    • High visibility site at the gateway to Lenexa, KS, with I‑35 access.
    • Located in an Opportunity Zone.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7381013
    Latitude
    38.9647235

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    FAQs

    What type of property is this?
    Land - 1.93-acre commercial lot, prime Lenexa location.
    Where is this land located?
    The property is located at 87th St & Quivira Rd Lenexa, KS.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price.; 1.93-acre commercial land parcel.; CP2 Planned Community zoning.
    Request Owner's contact information
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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
    87th St & Quivira Rd Lenexa, KS 66215
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