1744 183Rd St Goddard, KS 67052
This exceptional 19+ acre development opportunity in Goddard, Kansas, presents eight buildable lots ideal for diverse commercial and residential projects. Strategically located on Highway 54 (Kellogg) across from Walmart and other national retailers like Starbucks, Braum's, and Dairy Queen, this property boasts unparalleled visibility and high traffic volume. The adjacent Genesis Sports Complex and Hampton Inn further enhance its desirability. The property is subdivided into eight lots, ranging from 0.92 to 5.73 acres, offering flexibility for various development plans. Lots 1-4 are zoned C-2, permitting a wide range of commercial uses, including retail, restaurants, and service businesses. Lots 5-8, situated within a Planned Unit Development (PUD), offer the same C-2 commercial zoning, plus the added option of high-density residential development. Lot 5, at 5.73 acres, is particularly well-suited for an apartment complex. Goddard's rapid population growth, projected to double in the next three years, and its highly-rated school system create a strong demand for both commercial and residential spaces. The city is actively investing in infrastructure improvements, including roads, utilities, and a detention pond adjacent to lots 6, 7, and 8, with anticipated completion by the end of 2024. This prime location, coupled with the city's supportive development environment, makes this an exceptional investment opportunity. The property is offered for sale as a single package. The asking price is $5,700,000, with land value ranging from $1.35 to $14 per square foot. This is a rare chance to capitalize on the explosive growth of Goddard, Kansas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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Risks
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