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    OFF-MARKET
    Land

    115th Ave, Leawood, KS 66211

    9.64 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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