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    5901 Parallel Pkwy Kansas City, KS 66102

    Sponsored
    For Sale
    $200,500

    4.3 Acres, High Visibility, $200,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.3-acre commercial land parcel presents a unique investment opportunity in Kansas City, Kansas. Strategically located at a hard corner with a signaled intersection on Parallel Parkway, this property boasts unparalleled visibility to over 27,000 vehicles daily. Its prime location directly across the street from the KCK Unified School District, Schlagle High School, and KCK Community College ensures consistent high traffic volume and strong potential for a variety of commercial uses. The expansive lot size offers ample space for development, catering to a wide range of projects. The asking price for this highly desirable property is $200,500. The property's address is 5901 Parallel Pkwy, Kansas City, KS 66102, situated in Wyandotte County. This location offers significant advantages for businesses seeking high visibility and proximity to a large population base. The property's size and location make it an ideal candidate for various commercial ventures, from retail establishments to educational support services. Don't miss this chance to acquire a prominent commercial site in a thriving Kansas City community.

    Property Features for 5901 Parallel Pkwy

    General Information

    Property type
    Land
    Lot Size
    187,308 SF

    HighLights

    • 4.3‑acre commercial lot at a signaled intersection on a hard corner of Parallel Parkway.
    • High‑traffic location directly across from Schlagle High School, KCK Community College, and KCK Unified School District.
    • Exceptional visibility to over 27,000 vehicles daily.
    • Offered at $200,500.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Wyandotte
    State
    Kansas
    Longitude
    -94.715667
    Latitude
    39.127368

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    FAQs

    What type of property is this?
    Land - 4.3 Acres, High Visibility, $200,500
    Where is this land located?
    The property is located at 5901 Parallel Pkwy Kansas City, KS.
    What is the asking price?
    The asking price for this property is $200,500.
    What are key features of this property?
    This property features: 4.3-acre commercial lot at a signaled intersection on a hard corner of Parallel Parkway.; High-traffic location directly across from Schlagle High School, KCK Community College, and KCK Unified School District.; Exceptional visibility to over 27,000 vehicles daily.
    Request Owner's contact information
    5901 Parallel Pkwy Kansas City, KS 66102
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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
    5901 Parallel Pkwy Kansas City, KS 66102
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