34860 95Th St De Soto, KS 66018
This exceptional 10.4-acre property in De Soto, Kansas, presents a strategic investment opportunity near Panasonic's new $4 billion lithium-ion battery manufacturing facility. Scheduled to open in March 2025, this facility is projected to significantly boost the local economy, creating high demand for residential, commercial, and infrastructure development. Located at 34860 W 95th Street, this land offers developers a chance to capitalize on the anticipated growth spurred by this major industrial project. The property is zoned for commercial, apartment building, and residential uses, including duplex/triplex/quadruplex development. Situated in Johnson County, KS, zip code 66018, this expansive lot provides ample space for a variety of development projects. De Soto's rich manufacturing history and supportive local leadership position it for a transformation into a key player in the electric vehicle industry. The influx of skilled workers and educational partnerships will further enhance the area's economic growth and real estate demand. This prime location offers a unique opportunity to establish a profitable presence in a burgeoning economic hub, benefiting from the anticipated surge in local needs. The asking price for this significant development opportunity is $2,677,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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