21st And Andover Rd Andover, KS 67002
This exceptional four-acre commercial land parcel presents a unique investment opportunity in Andover, Kansas. Strategically located at the Northwest corner of 21st and Andover Road, this property boasts significant frontage on both major thoroughfares, offering unparalleled visibility and accessibility. The lot size totals 174,240 square feet, providing ample space for a variety of commercial developments. The property is zoned B3 - Retail & Service District, allowing for a wide range of uses. 2022 property taxes totaled $6,564.76, with special assessments totaling $6,510.54 that are scheduled to be paid off by 2031. Andover is consistently ranked among the best suburbs to buy a house in the Wichita area, and is conveniently located just a few miles from Wichita, a metro area with a population of 527,000. The area also benefits from being ranked among the top seven places in Kansas with the best public schools. This prime location, combined with its substantial size and favorable zoning, makes this property an ideal investment for developers seeking a high-impact commercial project in a thriving community. The property offers 650 feet of frontage on 21st Street and 275 feet of frontage on Andover Road. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.