7499 K 7 Hwy Shawnee, KS 66216
This exceptional 2-acre commercial land parcel presents a remarkable development opportunity in Shawnee, Kansas. Located at 7499 K-7 Highway, this property boasts unparalleled visibility with over 28,000 cars passing daily. The site is part of a larger 9-acre tract, offering flexibility and potential for future expansion. While currently zoned agricultural, the City of Shawnee designates this land as Community Commercial, and considers mixed-use development, including senior living or low-impact projects. The property benefits from readily available water and sewer services. Its strategic location near Shawnee Mission Parkway provides convenient access to a variety of amenities, including restaurants, a grocery store, daycare, and a convenience store/gas station. This location is ideal for a range of commercial ventures, such as small box retail, restaurants, convenience stores, professional offices, or medical facilities. The asking price for this specific 2-acre parcel is $399,000. Note that the larger 9-acre tract can be subdivided into six parcels, with other parcels available at varying sizes and prices. An adjacent 4.7 acres will be utilized by the City of Shawnee.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.