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Property profile & analytics
OFF-MARKET
Land

87th St & Quivira Rd Lenexa, KS 66215

1.93 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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