Property profile

0 Cor Of Lind Rd & Ogg Rd Shawnee, KS 66218

OFF-MARKET
Land
162 ac lot
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Property summary

AI-generated overview

This exceptional 162-acre property presents a unique investment opportunity in Shawnee, Kansas. Strategically located at the southeast corner of Lind Road and Ogg Road, this expansive land parcel boasts significant frontage along I-435 and Shawnee Mission Parkway, ensuring unparalleled visibility and accessibility. The property is zoned for Agriculture, with plans approved for mixed-use development encompassing retail, hotel, single-family, and multi-family residential uses. This versatility allows for a wide range of development possibilities, catering to diverse market demands. The site's location within a Tax Increment Financing (TIF) district and a portion within a Low-Income Housing Tax Credit (LIHTC) zone offers potential access to public incentives, further enhancing its financial attractiveness. With a daily traffic count exceeding 68,530 vehicles on I-435 and 27,755 on Shawnee Mission Parkway, this location guarantees high traffic exposure. The area also demonstrates strong demographics, featuring substantial population growth and a high median household income, indicating a robust and growing market. The asking price is $5,645,000, translating to $0.80 per square foot. This represents a compelling value proposition for developers seeking a large-scale project in a prime location with significant development potential and access to potential public incentives. The property's size and zoning make it suitable for a variety of large-scale projects.

Property profile

Verified
Property type Land
Lot 162 ac (7,056,720 SF)

Cap rate & NOI

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

Location

Cor Of Lind Rd & Ogg Rd Shawnee, KS 66218
Shawnee 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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