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    10108 Parallel Pkwy Kansas City, KS 66109

    For Sale
    $1,995,000

    16.4 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 16.4-acre commercial land parcel presents a prime development opportunity within Kansas City, Kansas's vibrant Legends Entertainment District. Located at 10108 Parallel Pkwy, 66109, this agriculture-zoned property boasts unparalleled visibility and accessibility. With a land value of $2.79 per square foot and an asking price of $1,995,000, this offering is strategically positioned to capitalize on the area's explosive growth. The Legends District attracts over 12 million visitors annually, boasting a diverse range of attractions including the Kansas Speedway, Kansas City Monarchs stadium, Children's Mercy Park, and major retailers such as Nebraska Furniture Mart, Bass Pro Shops, Amazon, and more. This site benefits from high daily traffic counts exceeding 51,700 vehicles on I-435 and 18,450 vehicles on Parallel Parkway, ensuring maximum exposure for any development. Infrastructure is ready for immediate development or expansion projects, and its convenient location offers easy access to major transportation routes. This is a rare chance to acquire land in a thriving area with exceptional visibility and high foot traffic, making it ideal for a variety of commercial ventures. The property is zoned for agriculture.

    Property Features for 10108 Parallel Pkwy

    General Information

    Property type
    Land
    Lot Size
    714,384 SF

    HighLights

    • High visibility from I‑435 (51,700+ vehicles per day) and Parallel Parkway (18,450+ vehicles per day).
    • Prime location in Kansas City, KS's Legends Entertainment District, attracting over 12 million visitors annually.
    • Infrastructure ready for immediate development; easily accessible via major transportation routes.
    • Agriculture‑zoned, 16.4‑acre parcel; $1,995,000 asking price ($2.79/sq ft land value).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.812444
    Latitude
    39.130663

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    FAQs

    What type of property is this?
    Land - 16.4 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 10108 Parallel Pkwy Kansas City, KS.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: High visibility from I-435 (51,700+ vehicles per day) and Parallel Parkway (18,450+ vehicles per day).; Prime location in Kansas City, KS's Legends Entertainment District, attracting over 12 million visitors annually.; Infrastructure ready for immediate development; easily accessible via major transportation routes.
    (913) 538-5568
    Request Owner's contact information
    10108 Parallel Pkwy Kansas City, KS 66109
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    Kansas City, KS 66109
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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
    10108 Parallel Pkwy Kansas City, KS 66109
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