Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    926 130Th St Bonner Springs, KS 66012

    Sponsored
    For Sale
    $1,300,000

    Prime Kansas land, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    415
    This exceptional 25.56-acre property, located at 926 S 130th Street in Bonner Springs, Kansas (zip code 66012), presents a unique investment opportunity. Currently zoned as Rural Residential within Wyandotte County, this largely undeveloped land offers significant potential. The gently sloping terrain features attractive natural elements including a sizable pond and creek. The property's strategic location along the rapidly developing KS-7 Highway corridor is a key advantage. Neighboring land to the south has recently been rezoned for Light Industrial use, with plans for warehousing facilities underway, suggesting a positive trend for future development in the immediate vicinity. This presents a compelling opportunity to capitalize on this growth. The site appears to have nearby utility access, simplifying development plans. This substantial parcel offers a blank canvas for various development projects, making it an ideal investment for those seeking to participate in the ongoing expansion of this promising area. The asking price for this remarkable property is $1,300,000.

    Property Features for 926 130Th St

    General Information

    Property type
    Farms
    Lot Size
    1,113,394 SF

    We can help!

    Listing Contact
    Aaron Speier

    Learn more

    Property Insight Report

    HighLights

    • 25.56‑acre parcel located at 926 S 130th Street, Bonner Springs, KS 66012.
    • Currently zoned Rural Residential in Wyandotte County.
    • Features a pond and creek, gently sloping terrain.
    • Strategic location along the KS‑7 Highway corridor.
    • Adjacent land recently rezoned for Light Industrial use, indicating potential for future development.
    • Appears to have nearby utility access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Bonner Springs
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.876727
    Latitude
    39.080414

    Nearby Comparable

    • Contact for pricing

      Land Available Near K-7

      Two commercial land lots available with high visibility and easy access.
      530 S 129Th St, Bonner Springs, KS 66012
      View Details
    • $931,748

      Development Land For Sale

      Prime land available in high-traffic area near I-70.
      300 S 130Th St, Bonner Springs, KS 66012
      View Details
    • $38,000
      1.20 Acres

      Bonner Springs Residential Land Parcel

      1.2-acre residential lot, prime location.
      13111 Metropolitan Ave, Bonner Springs, KS 66012
      View Details
    • $47,000

      Land Near Village West

      Land close to amenities and entertainment venues.
      13285 Richland Ave, Bonner Springs, KS 66012
      View Details
    • $47,000

      Bonner Springs Residential Land Parcel

      7,841 sq ft residential lot, $47,000.
      13285 Richland Ave, Bonner Springs, KS 66012
      View Details
    • $65,000

      Land Near Village West

      Convenient land parcel near major attractions and transportation.
      13286 Richland Ave, Bonner Springs, KS 66012
      View Details
    • $65,000

      Bonner Springs Residential Land

      10,019 sq ft lot, $65,000
      13286 Richland Ave, Bonner Springs, KS 66012
      View Details
    • $62,000

      Bonner Springs Residential Land Parcel

      8,712 sq ft lot, prime location.
      13287 Davis Ave, Bonner Springs, KS 66012
      View Details
    • $68,000

      Bonner Springs Residential Land

      10,454 sq ft lot, prime location.
      13299 Davis Ave, Bonner Springs, KS 66012
      View Details
    • $60,000

      Bonner Springs Residential Land Parcel

      7,841 sq ft lot, prime location.
      13313 Davis Ave, Bonner Springs, KS 66012
      View Details
    • $68,000

      Land Near Village West

      Convenient land parcel near Village West, Kansas Speedway, and KCI.
      13299 Davis Ave, Bonner Springs, KS 66012
      View Details
    • $591,196

      Land Near I-70 and KS-7

      2.262 acre commercial land suitable for hotel or restaurant.
      13040 Ridge Dr, Bonner Springs, KS 66012
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      5,456 SF

      Bonner Springs Warehouse For Sale

      5,456 SF warehouse with three drive-in doors.
      422 W 2Nd St, Bonner Springs, KS 66012
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Kansas land, ready for development.
    Where is this farm located?
    The property is located at 926 130Th St Bonner Springs, KS.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 25.56-acre parcel located at 926 S 130th Street, Bonner Springs, KS 66012.; Currently zoned Rural Residential in Wyandotte County.; Features a pond and creek, gently sloping terrain.
    Request Owner's contact information
    926 130Th St Bonner Springs, KS 66012
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    926 130Th St
    Bonner Springs, KS 66012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    926 130Th St Bonner Springs, KS 66012
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Aaron Speier
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.