Technical
Financial
Distress signals
Property profile

87th St & Quivira Rd Lenexa, KS 66215

OFF-MARKET
Land
1.93 ac lot
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Property summary

AI-generated overview

This exceptional 1.93-acre commercial land parcel presents a remarkable investment opportunity in Lenexa, Kansas. Strategically located at the southwest corner of 87th Street and Quivira Road, this highly visible site offers unparalleled exposure and serves as a gateway to the thriving Lenexa community. Zoned CP2 – Planned Community, this property allows for a wide range of commercial development possibilities. The site boasts immediate access to Interstate 35, ensuring excellent connectivity and accessibility for businesses and customers alike. Adding to its appeal, this property is situated within an Opportunity Zone, providing potential tax advantages for investors. The asking price for this prime commercial land is $795,000. With its ideal location, flexible zoning, and proximity to major transportation arteries, this property represents a compelling investment opportunity for developers and businesses seeking a prominent presence in the dynamic Lenexa market. The Johnson County location and 66215 zip code further enhance its desirability.

Property profile

Verified
Property type Land
Lot 1.93 ac (84,071 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

87th St & Quivira Rd Lenexa, KS 66215
Lenexa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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