Property profile

115th Ave Leawood, KS 66211

OFF-MARKET
Land
9.64 ac lot
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Property summary

AI-generated overview

This exceptional 9.64-acre commercial land parcel is ideally situated at the southwest corner of 115th and Nall Avenue in Overland Park, Kansas (zip code 66211), within Johnson County. The property boasts a prime location in a high-income, high-traffic area, anchored by a 120+ key AC Marriott Hotel. Surrounding businesses include well-known establishments such as Whataburger and Chick-fil-A, along with the proximity to the Park Place Shopping Center. This strategic location offers significant advantages for various commercial ventures. The seller is open to exploring several development options, including build-to-suit, ground lease, or reverse build-to-suit arrangements, providing flexibility for potential buyers. The property's location is further enhanced by its proximity to the Jewish Community Center to the west and a planned Mario Andretti Go-Kart Experience to the south, promising increased foot traffic and visibility. The property is specifically targeted towards full-service restaurants and quick-service restaurants seeking a high-visibility location with strong demographics. This presents a rare opportunity to acquire a substantial land parcel in a thriving commercial area with significant development potential.

Property profile

Verified
Property type Land
Lot 9.64 ac (419,918 SF)

Cap rate & NOI

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

Location

115th Ave Leawood, KS 66211
Leawood 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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