0 Of Lackman Interchange Shawnee, KS 66216
This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in the thriving Shawnee, Kansas market. Located just east of the Lackman Interchange on Shawnee Mission Parkway, this property boasts unparalleled visibility and accessibility. The site is strategically positioned near a significant concentration of retail establishments, including Target, Walmart, Home Depot, Lowe's, various banks, and numerous restaurants, ensuring high traffic volume and consumer exposure. The presence of the new St. Luke's Community Hospital at Shawnee Mission Parkway & Lackman further enhances the desirability and potential of this location. All utilities are readily available, simplifying development plans. The land is zoned for commercial use, offering flexibility for a wide range of development projects. This property's prime location, combined with its size and proximity to major amenities, makes it an ideal site for a variety of commercial ventures. The land value is priced at $4 per square foot. Additional acreage may also be available. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly growing area of Johnson County, Kansas, with a zip code of 66216.
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.