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Metcalf Ave & 147th St 12 Acres of Commercial Land Offered at $4,400,000 in Overland Park, KS 66223

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Investment Highlights

  • Phase 1: Environmental Study - Completed
  • Phase 2: Wetlands Study - Completed
  • Phase 2: Environmental Study - Completed

Executive Summary

This offering comprises approximately 12 acres of commercially zoned CP-2 land at the signalized intersection of Metcalf Avenue and 147th Street in Overland Park, Kansas. The property is platted into multiple lots, allowing buyers to pursue a single-user development or a phased multi-pad plan that can accommodate a mix of national, regional, and local operators.
CP-2 Planned General Business District zoning allows an extensive range of retail, restaurant, automotive, entertainment, service, and training facility uses, including everything from neighborhood-serving shops and food uses to automobile-related services and recreational venues, subject to city approvals. This flexibility positions the site to capture demand from both daily-needs users and destination retailers.
The site benefits from completed Phase I and Phase II environmental studies and a Phase II wetlands study, which helps streamline due diligence and supports a more efficient entitlement and development timeline for a buyer. Located within an established South Overland Park trade area, the property offers strong visibility and access along Metcalf Avenue, connecting to residential neighborhoods and existing commercial corridors that drive consistent traffic to the intersection.

Property Facts

Price $4,400,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Convenience Store
  • Drugstore
  • Fast Food
  • General Freestanding
  • Storefront
Total Lot Size 12.00 AC
Zoning CP-2 - Planned General Business District

1 Lot Available

Lot 1-7

Price $4,400,000
Price Per AC $366,666.67
Lot Size 12.00 AC

Prime 12 acre CP-2 development corner at Metcalf Ave and 147th St in Overland Park, offering multiple commercial pads for retail, service and automotive users with Phase I and II environmental and wetlands studies complete.

Description

Prime Commercial Property in the heart of Overland Park on the corner of Metcalf Ave & 147th Street. Multi-lot property, sold as one unit, totaling 12 acres, is an excellent opportunity to invest in land for a current or future development project. Close proximity to Hwy 69 and other major roadways, ensuring easy accessibility. Excellent visibility with highly desirable road frontage on 2 sides. Located in high growth and high income area surrounded by thriving businesses, retail centers, and residential communities. Highly sought after intersection with heavy traffic flow.

  • Listing ID: 28439926

  • Date on Market: 5/9/2023

  • Last Updated:

  • Address: Metcalf Ave & 147th St, Overland Park, KS 66223

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