Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    22939 83 Ter Lenexa, KS 66227

    For Sale
    $10,454,400

    Prime Lenexa land, seller financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 32-acre development site in Lenexa, Kansas, presents a compelling investment opportunity. Located at 22939 W 83rd St, Lenexa, KS 66227, this property boasts a prime location along the rapidly developing K-7 Highway corridor, experiencing 20,400 cars per day. The site is fully planned and entitled for a 255,030 square foot retail "power center" known as The Shoppes of Willowridge, with partial development already completed, including the internal ring road. Utilities are readily available, including electricity, water, irrigation, telephone, cable, and gas/propane. The property's zoning allows for commercial development, offering excellent visibility from both K-7 Highway and 83rd Street. This mixed-use, multifamily, and special purpose land is ideal for apartments, multifamily housing, and retail establishments along 83rd Street. The asking price is $10,454,400, and seller financing options are available, making this a buyer-favorable opportunity. Pad sites are also available

    Property Features for 22939 83 Ter

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,393,920 SF

    HighLights

    • Electricity available.
    • Irrigation system in place.
    • Water supply connected.
    • Telephone lines available.
    • Cable TV access.
    • Gas/propane service available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.850761
    Latitude
    38.97577

    Nearby Similar for Sale

    • $415,000
      0.53 Acres

      Lenexa Commercial Space with Potential

      Commercial space in Lenexa, KS with multiple business possibilities.
      10200 Pflumm Rd, Lenexa, KS 66215
      View Details
    • $757,500
      Pending

      Lakefront Duplex in Lenexa, Kansas

      Rare opportunity: remodeled duplex with lakefront living near City Center.
      15920/15922 W 91 Ter, Lenexa, KS 66219
      View Details
    • Contact for pricing
      29,335 SF

      Lenexa Place Flex/Industrial Property

      Well-maintained flex/industrial property in Lenexa, Kansas, developed in 1987.
      15007 W 95Th Ln, Lenexa, KS 66227
      View Details
    • $11,500,000
      129,700 SF

      Lenexa Warehouse with Trailer Parking

      129,700 SF warehouse on 11.54 acres with ample parking.
      7910 Hedge Lane Ter, Lenexa, KS 66227
      View Details
    • $1,950,000
      13,754 SF

      Lenexa Industrial Building with Expansion

      13,754 SF industrial building on 2.31 acres.
      14144 Santa Fe Trail Dr, Lenexa, KS 66215
      View Details
    • $1,250,000
      8,000 SF

      Single Story Office/Flex Space

      8,000 SF single-story office/flex space with dock and parking.
      14563 W 96Th Ter, Lenexa, KS 66215
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime Lenexa land, seller financing available.
    Where is this multifamily property located?
    The property is located at 22939 83 Ter Lenexa, KS.
    What is the asking price?
    The asking price for this property is $10,454,400.
    What are key features of this property?
    This property features: Electricity available.; Irrigation system in place.; Water supply connected.
    Request Owner's contact information
    22939 83 Ter Lenexa, KS 66227
    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.
    22939 83 Ter
    Lenexa, KS 66227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    22939 83 Ter Lenexa, KS 66227
    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
    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.