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    87 87Th St Lenexa, KS 66219
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    Property profile & analytics

    87 87Th St, Lenexa, KS 66219

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    • Retail properties & Spaces
    • 200,000 SF
    • 27.50 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 87 87Th St

    Lot size
    27.50 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 27.5-acre site in Lenexa, Kansas, presents a unique opportunity for development. Located at the prominent intersection of 87th & Penrose, in the heart of City Center Lenexa, this property offers unparalleled visibility and accessibility. The site is zoned for a mixed-use development, allowing for a variety of uses, including office and retail spaces. Current plans envision a six-story, 200,000 square foot Class A building, with ground floor retail space. However, developers are encouraged to explore and submit their own concepts for this high-profile location. The entire 200,000 square feet is currently vacant, providing a blank canvas for a new development. The property boasts ample structured parking to accommodate tenants and visitors. Situated in Johnson County, Kansas, with a 66219 zip code, this location offers easy access to major transportation routes and a thriving business community. This is an unparalleled chance to create a landmark development in a rapidly growing area of Lenexa, establishing a prominent presence in the city's revitalized downtown. The property's size and location make it ideal for a corporate headquarters, a multi-tenant office building, or a large-scale retail center. Don't miss this chance to be part of Lenexa's exciting future.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7835
    Latitude
    38.9702
    More about this property
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