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    23300 71St Pl Shawnee, KS 66227

    For Sale
    $4,708,400

    36 Acres, High-Density Multi-Family

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 36-acre parcel of land presents a prime development opportunity in Shawnee, Kansas. Located at 23300 W 71st St, 66227, this property boasts a highly desirable High Density Multi-Family zoning designation under the Shawnee city's comprehensive plan. Its strategic location offers exceptional visibility from K-7 Highway and convenient access via Shawnee Mission Parkway and Hedge Lane Terrace. All utilities are readily available, making this site exceptionally attractive for developers. The property is situated within the De Soto School District and enjoys close proximity to numerous schools and retail centers, catering to a strong potential tenant base. The area is experiencing significant residential growth, creating a high demand for multi-family housing. This presents a unique chance to capitalize on this burgeoning market. The asking price is $4,708,400, translating to $3 per square foot. This substantial land holding offers significant potential for a lucrative multi-family development project. Don't miss this opportunity to acquire a premier development site in a thriving Kansas community.

    Property Features for 23300 71St Pl

    General Information

    Property type
    Land
    Lot Size
    1,568,160 SF

    HighLights

    • 36± acres of prime multi‑family development land.
    • Shawnee, KS, High‑Density Multi‑Family zoning.
    • High visibility from K‑7 Highway.
    • Excellent access via Shawnee Mission Parkway and Hedge Lane Terrace.
    • All utilities on‑site.
    • De Soto School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Clothing Store Food Market Grocery Store Daycare Center Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8559224
    Latitude
    39.0018194

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    FAQs

    What type of property is this?
    Land - 36 Acres, High-Density Multi-Family
    Where is this land located?
    The property is located at 23300 71St Pl Shawnee, KS.
    What is the asking price?
    The asking price for this property is $4,708,400.
    What are key features of this property?
    This property features: 36± acres of prime multi-family development land.; Shawnee, KS, High-Density Multi-Family zoning.; High visibility from K-7 Highway.
    Request Owner's contact information
    23300 71St Pl Shawnee, KS 66227
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    Shawnee, 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
    23300 71St Pl Shawnee, KS 66227
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