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Property profile & analytics
FOR SALE
Small apartment buildings

11530 Parallel Pkwy Kansas City, KS 66109

41 ac lot
Entity Owned
Property ID
US33-0242659
Property summary
AI-generated overview

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

Property profile
Verified
Property type Small apartment buildings
Lot 41 ac (1,785,960 SF)
UPID US33-0242659
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gt Properties LLC
Gt Properties LLC
since 2026
1 recorded transaction
2026
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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