1725 Santa Fe StGardner, KS 66030

  • Outlet malls
  • 203,009 SF

Property Details for 1725 Santa Fe St

Year built
2006
Construction
CONCRETE BLOCKS
Lot size
29.63 AC
Property size (Sq ft)
203,009 SF
Property type
Outlet malls
APN
CP33670000 001A
APU
CP33670000001A

Description

Exceptional investment opportunity in Gardner, Kansas, featuring two available commercial land outlots situated in a high-traffic area adjacent to a Walmart Supercenter. Lot 2 encompasses approximately 1.41 acres, while Lot 3 offers approximately 0.57 acres. Both parcels are zoned Planned General Business District (CP-2), providing flexibility for a variety of commercial uses. This prime location benefits from excellent visibility and accessibility, situated just off Interstate 35 at the city's entrance. The Walmart Supercenter, attracting an average of 1.4 million visitors annually, ensures substantial foot traffic and brand recognition for any business established on these outlots. Further enhancing the area's appeal is the nearby New Trails development, a mixed-use project comprising retail spaces, office buildings, 424 apartments, and 368 single-family homes. This development adds to the area's vibrancy and creates a strong residential base for supporting commercial ventures. The strategic location and surrounding development create a compelling opportunity for businesses seeking high visibility and a thriving community environment. These outlots present a rare chance to capitalize on the significant growth and potential of this rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $50,217,408
    6.5%
    $46,354,532
    7%
    $43,043,492
  • Comparable approach

    Method
    Valuation
    Relative Method
    $36,593,508
    Geo Method
    $36,593,508
  • Alternative Use

    Use
    Valuation
    Residential
    $39,101,780
    Hospitality
    $35,817,020
    Educational
    $29,799,340
    Medical
    $30,824,186
    Retail
    $46,354,532

Location Insight

City
Gardner
County
Johnson
State
Kansas
Latitude
38.8089
Longitude
-94.8931
CBSA code
28140
CBSA name
KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$466,239
$1,256,465
$2,367,085
$3,623,550
-
$5,025,860
$9,468,340
$14,494,200

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