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 103^rd 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 103^rd 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