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Property profile & analytics
OFF-MARKET
Land

814 78Th St Kansas City, KS 66112

9.83 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.83-acre parcel in Kansas City, KS (66112), presents a remarkable development opportunity. Currently in the pre-approval stages for a 28-lot residential subdivision, this flat, buildable land boasts city utilities, two public access points, and easy R1 zoning. Free from floodplain and wetlands, the property offers a streamlined development process. A preliminary development plan, including a concept plan and survey, is already in place, outlining a "U"-shaped subdivision with an average lot size of approximately 11,099 square feet. The plan envisions extending Armstrong Avenue to create a cohesive community. The property's strategic location offers convenient access to nearby retail amenities such as Lowe's and Marshalls. This presents a lucrative investment opportunity for developers seeking to create a thriving residential neighborhood, with an estimated average lot cost of $10,700. The availability of all utilities from Armstrong Avenue and 78th Street ensures a seamless building process. Beyond subdivision development, the property also presents potential for a large private estate or a rental portfolio. This is a rare chance to acquire a well-positioned, ready-to-develop land asset in a desirable Kansas City location. The asking price is $149,900.

Property profile
Verified
Property type Land
Lot 9.83 ac (428,195 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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