801 1St Ter Lansing, KS 66043
This exceptional 8.52-acre parcel in Lansing, Kansas, presents a remarkable opportunity for residential development. Located at 801 1st Terrace, this in-fill site boasts a highly desirable R-3 zoning designation, allowing for a variety of multi-family residential projects, from duplexes to low-rise apartment buildings. The property's strategic location directly across from Lansing City Hall and backing onto Fawn Valley South townhomes ensures high visibility and proximity to established residential areas. Its convenient location, just one block from K-7 highway, provides excellent access to major transportation routes. The lot size is substantial, offering ample space for a significant development. The assessed parcel number (APN) is 099-30-0-00-00-010.00-0. The asking price is $999,000, translating to $117,254 per acre. This represents a compelling investment opportunity in a thriving Kansas community. Serious inquiries are encouraged to explore the full potential of this prime development land. The property is situated in Leavenworth County, Kansas, with a zip code of 66043. Coordinates are 39.2374336 latitude and -94.8985824 longitude.
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.
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Risks
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