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Property profile & analytics
FOR SALE
Commercial land

2032 N Andover Rd Andover, KS 67002

0.9 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US33-1014387
2032 N Andover Rd, Andover, KS 67002 For Sale
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2032 N Andover Rd, Andover, KS 67002
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Property summary
AI-generated overview

This exceptional commercial land offering in Andover, Kansas, presents a unique investment opportunity. The property comprises three separate lots, strategically located along N Andover Rd, in Butler County, zip code 67002. Lot 1, situated at 2032 N Andover Rd, encompasses 0.9 acres (39,204 sq ft) and is priced at $7.00 per square foot. Lot 2, located at 2014 N Andover Rd, offers 1.2 acres (52,272 sq ft) at $12.00 per square foot. Finally, Lot 3, at 1952 N Andover Rd, spans 1.4 acres (60,984 sq ft) and is also priced at $12.00 per square foot. All three lots are zoned B3 - Retail & Service District, providing flexibility for a variety of commercial developments. 2022 property taxes for Lot 1 were $21,694.43, $16,742.29 for Lot 2, and $19,637.80 for Lot 3. Andover is consistently ranked highly, including a top spot among Wichita area suburbs for homebuyers and a top-seven ranking for public schools in Kansas. The property benefits from its proximity to Wichita, a metro area boasting a population of 527,000 and a median household income of $88,960, offering a strong potential market for commercial ventures. This prime location and zoning make this an ideal opportunity for investors seeking high-growth potential in a thriving community.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.9 ac (39,204 SF)
APN 008-303-08-0-00-00-065.00-0
UPID US33-1014387
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
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by Request
Owner & transaction history
Billys Signs LLC · 1 yrs held
Billys Signs LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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