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    801 1St Ter Lansing, KS 66043

    For Sale
    $999,000

    Prime Lansing development land, R-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8.52-acre parcel in Lansing, Kansas, presents a remarkable opportunity for residential development. Located at 801 1st Terrace, this in-fill site boasts a highly desirable R-3 zoning designation, allowing for a variety of multi-family residential projects, from duplexes to low-rise apartment buildings. The property's strategic location directly across from Lansing City Hall and backing onto Fawn Valley South townhomes ensures high visibility and proximity to established residential areas. Its convenient location, just one block from K-7 highway, provides excellent access to major transportation routes. The lot size is substantial, offering ample space for a significant development. The assessed parcel number (APN) is 099-30-0-00-00-010.00-0. The asking price is $999,000, translating to $117,254 per acre. This represents a compelling investment opportunity in a thriving Kansas community. Serious inquiries are encouraged to explore the full potential of this prime development land. The property is situated in Leavenworth County, Kansas, with a zip code of 66043. Coordinates are 39.2374336 latitude and -94.8985824 longitude.

    Property Features for 801 1St Ter

    General Information

    Property type
    Land
    Lot Size
    371,131 SF

    HighLights

    • $999,000 asking price.
    • 8.52‑acre residential land parcel.
    • R‑3 multi‑family zoning.
    • $117,254 per acre land value.
    • Located at 801 1st Terrace, Lansing, KS 66043 (APN: 099‑30‑0‑00‑00‑010.00‑0).
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Leavenworth
    State
    Kansas
    Longitude
    -94.8985824
    Latitude
    39.2374336

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    FAQs

    What type of property is this?
    Land - Prime Lansing development land, R-3 zoning.
    Where is this land located?
    The property is located at 801 1St Ter Lansing, KS.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: $999,000 asking price.; 8.52-acre residential land parcel.; R-3 multi-family zoning.
    (913) 828-4440
    Request Owner's contact information
    801 1St Ter Lansing, KS 66043
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    Lansing, KS 66043
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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
    801 1St Ter Lansing, KS 66043
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