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    K-7 And Pr Star Pkwy Shawnee, KS 66227

    For Sale
    $7,890,023

    Prime Lenexa, KS commercial land, exceptional access.

    Property size:
    1,764,180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 40.5-acre mixed-use land parcel presents a remarkable investment opportunity in the thriving Lenexa, Kansas market. Boasting a substantial 1,764,180 square feet, the property is strategically located at the intersection of K-7 and Prairie Star Parkway, providing unparalleled accessibility. The AG zoning permits a variety of commercial development options. The site benefits from direct access to major highway systems, including convenient connections to K-10 and other metro area roadways. Further enhancing its appeal is convenient access via Dunraven Street to the north and the future Gleason Road to the west. This desirable Lenexa location places the property adjacent to prestigious institutions such as St. James Academy and AdventHealth Lenexa, as well as the new Canyon Creek single-family home development. The surrounding area boasts strong demographics, with a population of 73,888 and 26,211 employees within a 5-mile radius, and an average household income of $160,575 within a 3-mile radius. The asking price is $7,890,023, with a land value of $3.95 - $12 per square foot. The property's APN is IF231227-2020, IF231227-2029. This is a rare opportunity to acquire a highly accessible and strategically located parcel in a rapidly growing area.

    Property Features for K-7 And Pr Star Pkwy

    General Information

    Property type
    Land
    Square Feet
    1,764,180 SF
    Lot Size
    1,764,180 SF

    HighLights

    • Highly accessible 40.5‑acre pad site at K‑7 and Prairie Star Parkway interchange, near K‑10.
    • Convenient access via Dunraven Street and future Gleason Road.
    • Desirable Lenexa location adjacent to St. James Academy, AdventHealth Lenexa, and Canyon Creek development.
    • Strong demographics: 73,888 population and 26,211 employees within 5 miles.
    • Upscale demographics: $160,575 average household income within 3 miles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shawnee
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8620566
    Latitude
    38.9564109

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    FAQs

    What type of property is this?
    Land - Prime Lenexa, KS commercial land, exceptional access.
    Where is this land located?
    The property is located at K-7 And Pr Star Pkwy Shawnee, KS.
    What is the asking price?
    The asking price for this property is $7,890,023.
    What are key features of this property?
    This property features: Highly accessible 40.5-acre pad site at K-7 and Prairie Star Parkway interchange, near K-10.; Convenient access via Dunraven Street and future Gleason Road.; Desirable Lenexa location adjacent to St. James Academy, AdventHealth Lenexa, and Canyon Creek development.
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    K-7 And Pr Star Pkwy 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
    K-7 And Pr Star Pkwy Shawnee, KS 66227
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