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18845 Waverly Road

Gardner, KS 66030
  • $5,471,120
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 2401766
UPDATED: 55 min ago
$5,471,120
  • 0
    BEDS
  • 80
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:

School Ratings & Info

School District:

Description

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: $68,389 per acre ($1.57 per sq. ft.). Seller to provide Buyer with a $500,000 building allowance at closing. 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 $3,400 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. 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 $4.0 million to $13.0 million 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.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and MOJO Real Estate | Keller Williams Kansas City North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-10-05T12:45:43.22.

Based on information submitted to the MLS GRID as of 2022-10-05T12:45:43.22 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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18845 Waverly Road Gardner, KS 66030

  • Price: $5,471,120
  • Status: Active
  • On Site: 34 Days
  • Updated: 55 min ago
  • ID#: 2401766
0
Beds
0
Baths
0
½ Baths
80
Acres
Neighborhood:
Other
County:
Johnson
Area:
998 - Other Kansas Area
School District:
Gardner Edgerton
Property Description
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: $68,389 per acre ($1.57 per sq. ft.). Seller to provide Buyer with a $500,000 building allowance at closing. 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 $3,400 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. 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 $4.0 million to $13.0 million 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.
Exterior Features

Lot Features Acreage Road Responsibility Public Maintenance Road Surface Type Concrete

Property Features

Association Fee 0 Association Fee Frequency None Association YN No Current Use Agriculture Development Status Raw Land Improvement Features No Improvements In Flood Plain Unknown Listing Agreement Exclusive Agency Listing Terms Cash Maintenance Provided YN No Mineral Description All Rights Included Possible Use Agricultural Property Sub Type Land Restrictions Unknown Sale Options Complete Parcel Sewer Unknown Tax Total Amount 3400 Water Source Unknown - Verify Zoning Rur

Listing information © 2022 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Lynn Realty Llc.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and MOJO Real Estate | Keller Williams Kansas City North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-10-05T12:45:43.22.

Based on information submitted to the MLS GRID as of 2022-10-05T12:45:43.22 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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