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Property profile & analytics
OFF-MARKET
Land

21st And Andover Rd Andover, KS 67002

4 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4 ac (174,240 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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