36450 Frontage RdEdgerton, KS 66021

Property Details for 36450 Frontage Rd

Year built

1985

Construction

FRAME

Lot size

16.03 AC

Property size (Sq ft)

8,160 SF

Zone code

C-2

Property type

Retail space

APN

BF221518-4008

APU

BF2215184008

Description

This exceptional commercial property, located at 36450 Frontage Road in Edgerton, Kansas, presents a unique investment opportunity with significant upside potential. The 16-acre site boasts excellent visibility from I-35, a key advantage for any business seeking high traffic exposure. The property includes three commercial buildings, offering a combined 20,040 square feet of versatile space, ideal for a variety of business uses. In addition to the substantial commercial space, a 1,450-square-foot residence is included, providing flexibility for on-site management or additional income potential. Further enhancing the investment value are two existing billboards currently generating income. The property's strategic location, substantial building space, residential component, and existing income streams combine to create a compelling investment opportunity in a rapidly growing area. The expansive acreage allows for future expansion or development, adding to the long-term potential of this exceptional property. This is a rare chance to acquire a well-established commercial complex with significant income potential and room for growth. The asking price is $1,200,000. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $2,018,502

  6.5%

  $1,863,232

  7%

  $1,730,144

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,470,886

  Geo Method

  $1,470,886

• Alternative Use

  Use

  Valuation

  Residential

  $1,571,706

  Hospitality

  $1,439,674

  Educational

  $1,197,792

  Medical

  $1,238,986

  Retail

  $1,863,232

Location Insight

City

Edgerton

County

Johnson

State

Kansas

Latitude

38.745

Longitude

-95.0083

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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