Property profile

8670 State Line Rd Leawood, KS

OFF-MARKET
Parking lots & garages
Property ID
US33-0100099
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Leawood Village is a mixed-use development in Leawood, Kansas, incorporating luxury apartment units, townhomes, and commercial space for retail, restaurant, and office uses. The development is designed with multiple pad sites, including two retail/restaurant pads and one office/medical pad, as well as in-line retail, restaurant, and office spaces ranging from approximately 1,200 to 5,924 square feet. The project includes 182 luxury apartment units (with construction planned for summer 2024 completion) and 24 townhomes (with construction planned for spring 2025 completion). The property is positioned along State Line Road with visibility to more than 20,000 vehicles per day, and it is located directly across the street from a retail center totaling more than 300,000 square feet. The immediate vicinity includes additional office space totaling more than 500,000 square feet, and the surrounding area is characterized by a relatively affluent population with an average household income reported as exceeding $149,000 within a one-mile radius.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
APN HP02250000 0004
UPID US33-0100099

Cap rate & NOI

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

Location

8670 State Line Rd Leawood, KS
Leawood metro KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

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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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