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 Rd. 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.
• Substantial Development Opportunity - The Property consists of a combined 12.4± total acres across seven adjoining parcels.
• Multi-Use Zoning - Cp-2 Zoning allows for a variety of different commercial developments and uses.
• Excellent Visibility - The Property is located directly adjacent to east of the I-435 with incredible visibility from all directions. Easy access from I-435 and the I-70 with a combined 217,000 Vpd
• New Development Shaping the Market - Current projects include the Woodlands Racetrack Redevelopment to a 3 Million SF industrial and office park, the Schlitterbahn Redevelopment to a multisport complex, along with the several multifamily and hospitality developments seeks to shift this entertainment and shopping hub to a lifestyle center.
• Strong Market Fundamentals - Kansas City, Kansas's third largest city with a population of 152,522, a 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
• 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 Terr.
• 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
Directions to Land
Heading North or South on I-435, take the Leavenworth Rd. Exist heading East. Take a right turn on N 103rd Terrace. Travel for one half of a mile until you reach the property on the right.