Cor Of Lind Rd & Ogg Rd Shawnee, KS 66218
- Land
- 162.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cor Of Lind Rd & Ogg Rd
- Lot size
- 162.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Shawnee
- County
- Johnson
- State
- Kansas
- Longitude
- -94.7974
- Latitude
- 39.0144