161st Street & Metcalf Ave -16.50 Acres - 161st Street & Metcalf Avenue, Olathe, KS 66062
For Sale
For Sale
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Overview
This 16.50± acre land site is situated at the corner of W 161st Street & Metcalf Avenue in prestigious Overland Park, Kansas, the largest suburb in the Kansas City Metropolitan Area. This predominantly residential area is located just southeast of a Walmart Super Center and around the corner from Blue Valley High School. One mile to the west, a new interchange at 69 Highway and 159th Street is currently under construction, creating regional access and opportunity for large-scale development. The average value of a home in this area is $233,733, and the household income is $111,795 within a 5-mile radius. There are 98,987 residents within a five mile radius of the site. The area includes plans by Shawnee Mission Medical Center to build a 400-bed hospital and 240,000 square feet of medical office space, located on 42 acres. Under contract to a developer within the property, is land to build a ‘Class A’ 270-unit apartment community, scheduled to break ground Spring, 2015.
Lots available from 1 acre outparcel to 6.50 acres for anchor tenants. Additionally, approximately 9 acres is zoned RP-3 for a “Big House Style” development
FRONTAGE: Approximately 1,494 feet along the east side of Metcalf Avenue
UTILITIES: › Electricity, gas & water are available at the perimete
SALE PRICE: Contact broker for individual lot pricing
CP-2: Retail Outlots range from 0.99 Acres to 6.50 Acres
Property Details
This 16.50± acre land site is situated at the corner of W 161st Street & Metcalf Avenue in prestigious Overland Park, Kansas, the largest suburb in the Kansas City Metropolitan Area. This predominantly residential area is located just southeast of a Walmart Super Center and around the corner from Blue Valley High School. One mile to the west, a new interchange at 69 Highway and 159th Street is currently under construction, creating regional access and opportunity for large-scale development. The average value of a home in this area is $233,733, and the household income is $111,795 within a 5-mile radius. There are 98,987 residents within a five mile radius of the site. The area includes plans by Shawnee Mission Medical Center to build a 400-bed hospital and 240,000 square feet of medical office space, located on 42 acres. Under contract to a developer within the property, is land to build a ‘Class A’ 270-unit apartment community, scheduled to break ground Spring, 2015.
Lots available from 1 acre outparcel to 6.50 acres for anchor tenants. Additionally, approximately 9 acres is zoned RP-3 for a “Big House Style” development
FRONTAGE: Approximately 1,494 feet along the east side of Metcalf Avenue
UTILITIES: › Electricity, gas & water are available at the perimete
SALE PRICE: Contact broker for individual lot pricing
CP-2: Retail Outlots range from 0.99 Acres to 6.50 Acres
- Property TypeLand
- Sale Price$50,000,000
- Total Acres16.5
- Property ID1371014