6040 Renner Rd Shawnee, KS 66217
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.
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
Similar Nearby for Lease
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.