9990 Monticello Rd Lenexa, KS 66227
This exceptional 409.464-acre land parcel presents a remarkable investment opportunity in the thriving Lenexa, Kansas market. Located at 9990 Monticello Rd, in Johnson County, zip code 66227 (38.947538, -94.845245), this expansive property is ideally suited for large-scale residential development, including multi-family or senior housing projects. Its strategic location offers unparalleled convenience and accessibility. The site is situated within minutes of elementary, middle, and high schools, ensuring a strong appeal to families. Furthermore, the property is surrounded by established residential communities, parks, schools, retail establishments, and grocery stores, providing residents with a wealth of amenities and services. The asking price for this significant land holding is $1,600,000. Given its size, location, and proximity to essential services and amenities, this property represents a rare chance to acquire a substantial tract of land with significant development potential in a highly desirable area. The property is zoned for residential use. Detailed zoning information and development guidelines are available upon request. This is a truly exceptional opportunity for developers seeking a prime location for a large-scale residential project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.