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Property profile & analytics
OFF-MARKET
Land

6040 Renner Rd Shawnee, KS 66217

19.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.26-acre tract is strategically located at the southeast corner of 59th Terrace and Renner Road in Shawnee, Kansas, zip code 66217. Its prime location offers easy access to major transportation arteries, including Interstates I-35 and I-435, placing it within reach of a thriving business community and diverse residential areas. Shawnee, a rapidly growing city in Johnson County, boasts a strong economy anchored by major employers like Bayer HealthCare and numerous smaller businesses. The area is also known for its well-maintained parks and vibrant shopping centers, creating a highly desirable environment. This property presents a unique opportunity for multi-family and/or commercial development. However, it's important to note that a portion of the southern end of the property lies within a floodplain and is likely unsuitable for development. The asking price for this significant land parcel is $999,990. This presents a compelling investment opportunity in a rapidly growing area with excellent infrastructure and access to amenities. The property's size and location make it an attractive prospect for developers seeking to capitalize on Shawnee's continued expansion. Further due diligence is recommended to fully assess the development potential and address the floodplain considerations.

Property profile
Verified
Property type Land
Lot 19.26 ac (838,966 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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