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Property profile

18200 Prairie Star Pkwy Lenexa, KS 66220

FOR SALE
Land
Property ID
US33-0882939
11.76 ac lot
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18200 Prairie Star Pkwy, Lenexa, KS 66220 For Sale
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18200 Prairie Star Pkwy, Lenexa, KS 66220
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Property summary

AI-generated overview

This exceptional 11.76-acre parcel presents a remarkable investment opportunity in the thriving Lenexa, Kansas market. Located at 18200 Prairie Star Parkway, this property boasts an RP-4 zoning designation, allowing for a range of development possibilities, including high-density residential, office, and retail uses. Its strategic location offers close proximity to Lenexa's City Center, a vibrant 69-acre mixed-use development. The site's advantageous position adjacent to Canyon Farms and Falcon Ridge Golf Course & Community further enhances its appeal and potential for attracting residents and businesses. The asking price for this expansive land holding is $2,600,000. This presents a unique chance to capitalize on the strong growth and demand in this desirable area of Johnson County, Kansas, with its potential for significant returns on investment. The property's size and zoning flexibility make it an ideal canvas for a variety of development projects, catering to the diverse needs of the community. The zip code is 66219.

Property profile

Verified
Property type Land
Lot 11.76 ac (512,266 SF)
UPID US33-0882939

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18200 Prairie Star Pkwy Lenexa, KS 66220
Lenexa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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