0 123Rd St Overland Park, KS 66213
This exceptional 1.36-acre commercial land parcel is ideally situated at the intersection of Blue Valley Parkway and West 123rd Street in Overland Park, Kansas (zip code 66213), Johnson County. Offered at $1,800,000, this property presents a compelling investment opportunity. Its prime location boasts high visibility and accessibility, situated as an outlot to a Costco store. The property benefits from a lighted intersection, ensuring excellent visibility for any development. The surrounding area is anchored by a strong retail presence, including major national brands such as Target, Walmart, Hobby Lobby, and Whole Foods, creating a vibrant and high-traffic commercial environment. This strategic location offers significant potential for a variety of commercial uses, capitalizing on the established retail concentration and high consumer traffic. The property's size and location make it an attractive option for developers seeking a high-impact commercial development site in a thriving Kansas City suburb. A lease rate of $140,000 per year, NNN, is also available.
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.