11530 Parallel Pkwy Kansas City, KS 66109
For Sale
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This exceptional 41-acre property in Kansas City, Kansas, presents a remarkable development opportunity. Located at 11530 Parallel Parkway, in Wyandotte County (zip code 66109), this land is master-planned for mixed-use residential development. Its strategic location offers unparalleled access to major thoroughfares, placing it in the heart of a rapidly growing area. The property boasts all utilities on-site, simplifying the development process. Proximity to the Kansas Speedway, The Legends Shopping Center, and a planned casino ensures high visibility and strong potential for attracting residents and businesses. Currently featuring a rented home, two barns, and ample garage space, the site is development-ready and ideal for a variety of uses, including apartments, churches, or other institutional buildings, as well as multi-family or residential projects. The land is priced at $15,180,660, with a land value of $8.50 per square foot. The property is being offered for sale by owner. Please note that the existing home is currently occupied
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
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.