12270 135Th StOverland Park, KS 66221

  • Parking lots & garages
  • 0.84 AC
For Sale
$700,000 View listing

Property Details for 12270 135Th St

Year built
2005
Lot size
0.84 AC
Zone code
CP-2
Property type
Parking lots & garages
APN
NP67750001 0016
APU
NP677500010016

Description

This exceptional 36,452 square foot land parcel in Overland Park, Kansas, presents a remarkable investment opportunity. Located at 12270 W. 135th Street, this CP-2 zoned property boasts excellent visibility and accessibility, situated on a high-traffic intersection with over 40,000 cars passing daily. Utilities are already in place, making development seamless. The site is ideal for a single or multi-tenant building up to 10,000 square feet, offering versatile potential for retail, restaurant, office, or medical uses. A drive-thru option is also available. This prime location benefits from its proximity to established businesses including Drive5 Indoor Sports Center, CVS, McDonald's, Goodyear, Phillips 66, and Primrose Daycare, and is just west of a Price Chopper-anchored shopping center. The property's strategic position offers easy access to recreational amenities such as Deanna Rose Farmstead, Overland Park Sports Complex, and St. Andrew's Golf Course. The asking price for this exceptional development opportunity is $700,000. Don't miss this chance to secure a highly visible and well-located property in a thriving Overland Park community. The zip code is 66221, and the Johnson County location offers a strong foundation for future growth and success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,501,338
    6.5%
    $9,693,543
    7%
    $9,001,147
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,571,218
    Geo Method
    $6,571,218
  • Alternative Use

    Use
    Valuation
    Residential
    $8,176,866
    Hospitality
    $7,489,966
    Educational
    $6,231,563
    Medical
    $6,445,876
    Retail
    $9,693,543
12270 135Th St, Overland Park, Kansas

Location Insight

City
Overland Park
County
Johnson
State
Kansas
Latitude
38.8842
Longitude
-94.7272
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
$9,233
$72,755
$5,440
$78,195
-
$485,260
$21,760
$507,020

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