23920 W 43rd St - Commercial LAND FOR SALE


Shawnee, KS 66226 262,667 SF
$1,150,000 USD
573-694-9669
23920 W 43rd St, Shawnee, KS for Sale
$1,150,000 USD
Commercial LAND - FOR SALE
1/8
262,667 SF

23920 W 43rd St
Shawnee, KS 66226


HIGHLIGHTS

  • Shovel-Ready: All entitlements complete, immediate construction capability
  • Proven Market: Comparable Olathe project achieved 87.5% occupancy in 6 months
  • High-Income Demographics: $193,534 median household income (1-mile radius)
  • Recession-Resistant: Contractor/trades demand remains stable across cycles

OVERVIEW

Shovel-Ready Flex Garage Development - 48 Units on 6+ Acres Property Description: Exceptional development opportunity featuring a fully-entitled, 48-unit contractor garage facility in the heart of Johnson County's growing Bonner Springs submarket. This shovel-ready project includes all entitlements, completed engineering, and architectural plans for immediate construction start. The 6.03-acre site is strategically positioned with excellent highway visibility and access, targeting the robust demand from contractors, trades professionals, and small businesses. With 4.54 acres of effective buildable area, the project will deliver 48,000 SF across four modern buildings, each featuring secure access, insulated construction, and flexible unit configurations. Why This Opportunity: - Fully De-Risked: All planning, entitlements, and engineering complete - Proven Demand: Local comparable achieved 87.5% occupancy in under 6 months - Premium Demographics: Affluent submarket with $193K+ median household income - Strategic Location: Direct highway access in growing Johnson County corridor - Immediate Revenue: Construction can begin immediately upon closing This represents a rare opportunity to acquire a turnkey development package in one of Kansas City's most desirable industrial submarkets. Perfect for developers seeking immediate construction capability or investors looking for a proven flex space concept. DEVELOPMENT OPPORTUNITY Project Vision: - Modern flex garage facility targeting contractors, tradespeople, and small businesses requiring secure, climate-controlled workspace with vehicle access. Target Tenants: - Contractors and trades professionals - Home service providers - Small business owners needing secure storage - Equipment rental/storage operations - Light manufacturing/assembly operations Unit Features (Planned): - 12' W x 14' H overhead doors - Insulated construction - LED lighting - 200 Amp 3-phase power capability - Office space component - HVAC provisions - Secure access control MARKET ANALYSIS Demographic Highlights: - 1-Mile Radius: 1,137 population, $193,534 median income (growing to $200,001 by 2029) - 3-Mile Radius: 30,088 population, $116,556 median income - 5-Mile Radius: 45,462 population, $115,424 median income Market Validation: Comparable Project Performance (Olathe, KS): - 32-unit flex garage facility - 50% leased within 75 days of opening - 87.5% occupancy achieved within 6 months - $1,325/month rental rate per 1,000 SF unit - Strong tenant mix: trades, home services, personal use Economic Drivers: - Strong Kansas City MSA growth - Robust transportation infrastructure - Low cost of living vs. peer markets - Recent major industrial investments in region TRANSPORTATION & ACCESS - Highway Access: - Direct access to KS-7 (major north-south corridor) - W. 43rd Street frontage - Minutes to I-435 and I-35 interchange - Easy connection to Kansas City International Airport

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/ACRE

$190,713/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Riverbend Flex Garage Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Industrial

LAND ACRES

6.03 AC

LAND SF

262,667 SF

OFFSITE IMPROVEMENTS

-

ZONING

I-1 Light Industrial

APN/PARCEL ID

UF231133-3007

ASK ABOUT THIS PROPERTY

Logan FreemanMidwest CRE Advisors, LLCMore Info
573-694-9669

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Logan FreemanMidwest CRE Advisors, LLCMore Info
573-694-9669

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.