he offering presents a rare opportunity to acquire three strategically positioned development tracts along the rapidly growing State Avenue (24 Highway) corridor in Basehor, Kansas. Located in the heart of Basehor with direct frontage and convenient access to 24 Highway, the properties benefit from strong regional connectivity and proximity to some of the area's most significant entertainment, retail, and planned development destinations. The sites are situated approximately five miles from Kansas Speedway, Legends Outlets, Margaritaville Resort, and the future Kansas City Chiefs stadium development area, placing them within one of the region's most active growth corridors.
The commercial component consists of approximately 21.9 acres with commercial use approved, offering an excellent opportunity for retail, office, hospitality, mixed-use, or other commercial development. All major utilities are available on-site or immediately adjacent to the property, supporting efficient project planning and development.
The multifamily tract encompasses approximately 16 acres and is approved for development at a density of up to 12 units per acre. Zoned RR2.5 Mixed Use, the site provides flexibility for a variety of residential concepts while benefiting from the same strategic location advantages and utility availability. The property is offered for sale at $1,200,000.
The residential development opportunity includes approximately 110.1 acres approved for up to 400 homes. Zoned RR2.5 Mixed Use, the site offers substantial scale for a master-planned residential community in a rapidly expanding market. Utilities are available on-site or nearby, and the property's location provides convenient access to major employment, retail, entertainment, and recreational amenities. The residential tract is offered for sale at $4,954,900, or approximately $45,000 per acre. The commercial tract is offered for sale at $3,500,000.
