Prime Commercial Development Land Auction

Real Estate

Location: SE of 103rd & Leavenworth Rd, Kansas City, KS

1 p.m. Wednesday, March 31st, 2021

This listing was posted on 2-4-2021, for more pictures and updates CLICK HERE.

 Property Inspection: Wednesday, March 24, 2021: 11am-1pm 

Cates Auction & Realty Co. is pleased to present for auction a. 12.4± acre commercial development parcel assemblage zoned CP-2. Located just south of Leavenworth Road along 103rd Terrace in Kansas City, Kansas. The property is just minutes away from the Legends Outlets, Village West development, Children’s Mercy Park, and the Kansas City Speedway boasting a total of over 12 million visitors annually. The property also benefits from immediate access to I-435 & I-70. With its substantial size and prime location, this property is an intriguing development opportunity for commercial developers interested in capitalizing on the continued growth in the submarket.

Investment Highlights:

  • Substantial Development Opportunity – The property consists of a combined 12.4 +/- total acres across seven adjoining parcels.
  • Multipurpose Zoning – CP-2 Zoning allows for a variety of different commercial developments and uses.
  • Excellent Visibility – The Property is located directly adjacent to the east of the O-435 with incredible visibility from all directions. Easy access from I-435 and the I-70 with a combined 217,00 VPD
  • New Development Shaping the Market – Currents projects include Woodlands Racetrack Redevelopment to a 3 million SF industrial and office park, the Schlitterbahn Redevelopment to a multisport complex, along with several multifamily and hospitality developments seeks to shift this entertainment and shopping hub to a lifestyle center.
  • Strong Marker Fundamentals – Kansas City, Kansas’s third-largest city with a population of 152,522, the median age of 33.5 which is 14% lower than the national average, along with an average salary of a full-time employee being $52,100.
  • Destination Location – The Legends development along with adjacent retail & entertainment attractions is the most visited location in the state of Kansas with over 12 Million annual visitors

Fast Facts:

  • Easy access from I-435 and the I-70 with a combined 217,000 VPD
  • Located less than 3 miles from The Legends Outlets & Entertainment Center Along with Several High-Profile Developments
  • 1500 +/- ft frontage on N 103rd Terrance
  • Neighborhood commercial potential to complement existing and planned residential, and industrial development.
  • Parcel # 243219, 243220, 243211, 243212, 243209, 290501, 290502
  • Combined 2020 Taxes $9,887.00

Prime Commercial Development Land Auction

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Questions about this auction? Phone 877-781-1134 or email our office at [email protected].

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Cates Auction & Realty Co. Inc.

[email protected]

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