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    Clare Rd Gardner, KS 66030

    Sponsored
    For Sale
    $15,002,064

    57.4 Acres, Mixed-Use Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 57.4-acre mixed-use property, located at the southeast corner of 175th Street and S. Clare Road in Gardner, Kansas (zip code 66030), presents a significant investment opportunity. The asking price is $15,002,064. The land is zoned for commercial use and includes a pre-existing Letter of Intent (LOI) for 24 acres at $10 million, which is included in the overall sale price. Further enhancing the value proposition is a signed contract for a 5-acre travel plaza development. The property also benefits from strong interest from several potential tenants. This includes a national dental user seeking 1 to 1.5 acres, a restaurant tenant interested in a 6,500 square foot space, and a retail user seeking 5,000 to 6,000 square feet. Adding to the investment appeal is a transferable 1% Community Improvement District (CID) incentive. This prime location in Johnson County, Kansas offers excellent visibility and accessibility, making it ideal for a variety of commercial developments. The property's size and diverse potential uses make it an attractive investment for both owner-users and developers seeking a high-return opportunity in a rapidly growing area. This is a rare chance to acquire a large parcel of land with significant pre-existing interest and development potential. Don't miss this opportunity to secure a substantial foothold in the thriving Gardner market.

    Property Features for 0 Clare Rd

    General Information

    Property type
    Land
    Lot Size
    2,500,344 SF

    HighLights

    • 57.4‑acre land parcel available for purchase.
    • Includes a Letter of Intent (LOI) for 24 acres at $10 million.
    • 5‑acre travel plaza under contract.
    • Significant interest from a national dental chain for 1‑1.5 acres.
    • Interest from a 6,500 SF restaurant and a 5,000‑6,000 SF retail tenant.
    • 1% transferable Commercial Interest (CI).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gardner
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8714211
    Latitude
    38.8109937

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    FAQs

    What type of property is this?
    Land - 57.4 Acres, Mixed-Use Development Opportunity
    Where is this land located?
    The property is located at Clare Rd Gardner, KS.
    What is the asking price?
    The asking price for this property is $15,002,064.
    What are key features of this property?
    This property features: 57.4-acre land parcel available for purchase.; Includes a Letter of Intent (LOI) for 24 acres at $10 million.; 5-acre travel plaza under contract.
    Request Owner's contact information
    Clare Rd Gardner, KS 66030
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    Gardner, KS 66030
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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
    Clare Rd Gardner, KS 66030
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