814 78Th St Kansas City, KS 66112
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.