Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    95th St & Santa Fe Trl Dr Lenexa, KS 66215

    • Land
    For Sale
    View listing
    $275,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 95th St & Santa Fe Trl Dr

    Property type
    Land

    Description

    This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in the thriving Lenexa, Kansas market. Located at the Northwest corner of 95th Street and Santa Fe Trail Drive, this property boasts a highly desirable location with excellent visibility and accessibility. The site is zoned CP1, offering a range of potential development options for businesses seeking a strategic presence in Johnson County. With its convenient access to major transportation routes and a vibrant surrounding community, this land is perfectly positioned for a variety of commercial ventures. The asking price for this exceptional property is $275,000. This represents a compelling value proposition for developers and investors seeking a prime location in a rapidly growing area. The property's 1.05-acre size provides ample space for a variety of commercial developments, allowing for flexibility in design and functionality. The CP1 zoning designation ensures a streamlined development process, minimizing potential delays and maximizing efficiency. Don't miss this opportunity to acquire a highly sought-after commercial land parcel in a prime Lenexa location. The property's address is NWC 95th Street & Santa Fe Trail Drive, Lenexa, KS 66215. Contact us today to learn more and schedule a site visit.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7478
    Latitude
    38.9563

    Comparable in this City

    • Value Estimation by Request
      1.93 Acres

      87th St & Quivira Rd

      Land • 1.93 Acres
      87th St & Quivira Rd, Lenexa, KS 66215
      View Details
    • Value Estimation by Request
      43,560 SF

      95Th St

      Land • 43,560 SF
      0 95Th St, Lenexa, KS 66215
      View Details
    • Value Estimation by Request

      8309 Maplewood Ln

      Land
      8309 Maplewood Ln, Lenexa, KS 66215
      View Details
    • Value Estimation by Request
      13,164 SF

      97th St. & Quivira Rd

      Restaurants • 13,164 SF
      97th St. & Quivira Rd, Overland Park, KS 66215
      View Details
    • Value Estimation by Request

      8313 Maplewood Ln

      Land
      8313 Maplewood Ln, Lenexa, KS 66215
      View Details
    • Value Estimation by Request

      8305 Maplewood Ln

      Land
      8305 Maplewood Ln, Lenexa, KS 66215
      View Details

    Similar Nearby for Sale

    • $795,000
      1.93 Acres

      Lenexa Commercial Land - $795k

      1.93-acre commercial lot, prime Lenexa location.
      87th St & Quivira Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      1.63 Acres

      Lenexa Commercial Land - 1.63 Acres

      Prime Lenexa retail land, high traffic.
      8610 Pflumm Rd, Lenexa, KS 66215
      View Details
    • $275,000

      Lenexa Commercial Land - $275K

      Prime 1.05-acre commercial lot.
      95th St & Santa Fe Trl Dr, Lenexa, KS 66215
      View Details
    • $419,000

      Luxury Lenexa Estate Lot

      Prime 19,217 sq ft lot, lake views
      8309 Maplewood Ln, Lenexa, KS 66215
      View Details
    • $419,000

      Lenexa Estate Lot: Prime Location

      Luxury Lakefront Land, 17,442 sq ft
      8313 Maplewood Ln, Lenexa, KS 66215
      View Details
    • $419,000

      Luxury Lenexa Estate Lot

      Prime residential land, lake views, gated community
      8305 Maplewood Ln, Lenexa, KS 66215
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      203,080 SF

      Lenexa Retail Power Center

      High-traffic retail space available.
      9510-9676 Quivira Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      6,557 SF

      Lenexa Retail Showroom Opportunity

      Retail spaces available with high visibility and easy highway access.
      9200-9220 Marshall Dr, Lenexa, KS 66215
      View Details
    • Contact for pricing
      22,000 SF

      Class A Medical Office Building

      Medical office building for lease in Lenexa City Center.
      W 87Th Street Pkwy, Lenexa, KS 66215
      View Details
    • $850,000
      4,600 SF

      Lenexa Office Space Available

      4,600 sqft office space with multiple offices and parking.
      9870 Quivira Rd, Lenexa, KS 66215
      View Details
    • Contact for pricing
      17,384 SF

      Lenexa Medical Office Space Available

      Seven suites, 1,200-3,200 sq ft.
      0 Lenexa Dr, Lenexa, KS 66215
      View Details
    • $3 SF/Yr
      5,495 SF

      Lenexa, KS Office Space Available

      Flexible Offices, Coworking & More
      12345 95Th Ln, Lenexa, KS 66215
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    95th St & Santa Fe Trl Dr
    Lenexa, KS 66215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.