Guarantee to all interested buyers:
This property is priced lower than any other property in the Logistics Park KC.
Seller Financing @ 2.9% interest to qualified buyers.
80 +/- acres with 1/4 mile of road frontage on Waverly Rd. ("heavy haul" road) in the Logistics Park Kansas City (BNSF Intermodal). For sale at: $123,710 per acre ($2.84 per sq. ft.).
This property is still considered as rural Johnson County, surrounded on all four sides by the City of Gardner and the City of Edgerton. This property can be annexed into either Gardner or Edgerton based on a negotiated agreement that favors the buyer's plans. The current property tax is less than $4,000 per year. All utilities are available, including sewer. Waverly Road is a "heavy haul" road.
There are very few undeveloped properties left in the Logistics Park KC. Property values continue to increase in value every year (see comps below). This property is an excellent investment as future development pushes prices higher.
The tiny creek and the sewer line that transition across the property can likely be moved to allow for the building footprint you desire. Based on 80 acres, this property is priced millions less than what other properties in the area are selling for allowing a huge budget for you to make this a site ready development opportunity
There are only 5.83 acres of wetlands on this property, as determined by a Wetlands Delineation Assessment completed in June 2018. It will cost less than $100,000 to complete a 404 Permit and mitigation cost to eliminate the wetlands located on the north half of the property.
The 3 acres of wetlands located on the south half of the property would be an excellent location for a detention basin. In addition, the buyer can designate a strip of land along the creek on the south half of the property as a conservation easement for a nature trail to connect to both the City of Gardner and the City of Edgerton. This 2 to 4 acres can be valued at 100,000 to $200,000 as a 501 (3) (c) tax deduction.
Comp 1: Located on 191st St. between Waverly Rd. and Homestead Ln. sold for $3.00 per square foot in 2018.
Comp 2: Located 3/4 mile west of the property sold for $5.17 per square foot in 2018.
Comp 3: Located 1 mile west on 191st sold for $4.25 per square foot in 2021.
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Over the past 10 years property values in this immediate area have increased substantially. Currently, there is very little land left available in the KC Logistics Park. Even if this property is not exactly what you want, it is a great investment opportunity so as land values continue to rapidly increase in this area you have an offsetting investment, (a hedge against rapidly increasing property values).
My name is Robb Murphy and I may be reached at PH# 913-484-9462. I am not a realtor or a developer. I am just an individual that owns 80 acres of property that I want to sell. If you have questions or interest please give me a call. If you are a realtor representing a client, I will gladly pay you a real estate commission at closing.
For what it’s worth, it has always been my honest approach to price things at the lowest price I will accept. This creates complete transparency so we all know the bottom line but it also means that I have no room to negotiate a lower price. The property is priced at a very fair value. I hope it interests you. Please don’t hesitate to call me.
Thanks for your time and potential interest.