100 78Th St Kansas City, KS 66111
This exceptional 67.8-acre development opportunity in Kansas City, Kansas, is ideally situated near the speedway and presents a compelling investment prospect. Priced at $1,900,000, this property is designated as "shovel ready," meaning it's prepared for immediate construction. The land is already preliminarily platted and comprises diverse zoning classifications. A significant portion, 14.81 acres, is zoned R1, allowing for the construction of approximately 50 residential units, each with a minimum square footage of 1400 square feet. The remaining 52.5 acres are zoned RP3, suitable for approximately 257 units, each with a minimum of 750 square feet. This zoning mix presents a unique opportunity to develop a diverse range of housing options, potentially targeting both starter homes and other residential needs. The property's location in Wyandotte County, Kansas, with a 66111 zip code, offers excellent access to amenities and infrastructure. All utilities are available on-site, further streamlining the development process. The seller is motivated, making this a highly attractive investment for builders and developers seeking a streamlined path to project commencement. The property's size and zoning allow for potential subdivision, offering flexibility for various development strategies.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.