0 K 7 Hwy Shawnee, KS 66216
This exceptional 9-acre commercial land parcel presents a unique development opportunity in Shawnee, Kansas. Located on K-7 Highway, this property boasts excellent visibility with over 28,000 cars passing daily. The site is strategically positioned near Shawnee Mission Parkway, providing convenient access to numerous amenities including restaurants, a grocery store, daycare, and a convenience store/gas station. The property is currently zoned agricultural, but the City of Shawnee designates it as Community Commercial and will consider mixed-use developments such as senior living or retirement homes, provided they are low-impact. The city's plans include a future highway ramp that will allow the 9-acre site to be divided into six individual parcels. Individual lot pricing is available, ranging from $219,000 to $949,000, with flexible figures and lot sizes. The property is serviced by sewer and water. An adjacent 4.7-acre parcel will be utilized by the City of Shawnee. This location is ideal for a variety of commercial uses, including small box retail, restaurants, convenience stores, professional offices, and medical facilities. The asking price for the entire 9-acre parcel is $3,120,000. This is a rare opportunity to acquire a highly visible and versatile commercial property in a thriving Kansas community. The zip code is 66216.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.