Premiere Development Opportunity & Beautiful Farm in South Kansas City

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Price: $1,800,000
Acreage: 96.64
County: Jackson
State: Missouri

Property Description

A pristine tract of land and current farm located in the rapidly growing and convenient area of South East Kansas City sitting alongside the city limits of Lee’s Summit, Missouri. Consisting of 96.64 +/- acres including the original homestead, beautiful level and gently rolling fertile pasture, areas of open and dense timber, a large stocked pond, all lying on top of the hill overlooking timbered creek bottoms. This property is a premiere residential development opportunity given the upcoming economic development projects within a short radius throughout South Kansas City and Lee’s Summit including the Cerner Trails Campus 4.5 miles west of the property expected to hire 16,000 employees over the next 10 years, the Premiere Paragon Star Sport Village 1.5 miles south, estimated to be operating Fall of 2017; future expansion of the Katy Trail which plans indicate to be walking distance from the property, and the existing Summit Woods retail and restaurant district 2.9 miles from the property. Existing features including a large stocked pond, walking, hiking and ATV trails, and mature timber alongside creek bottoms give a developer and builder a natural state to include as the much-desired amenities by residents today. Opportunities such as this are limited and will continue to increase in value with the economic growth that has already begun and expected to bring over $5 Billion in economic growth to South KC over the next 10 years. The farm has abundant wildlife including whitetail deer, geese, ducks, quail, dove and the stocked pond. This truly is a beautiful farm in an exceptional location with multiple investment possibilities given the economic growth and shortage of new residential development in the surrounding area. Call Will Wiest to schedule a private showing or for additional questions or supporting information!

Property Features

  • 96.64 +/- acres according to county assessor
  • Eastern Edge of Kansas City alongside Lee’s Summit
  • Existing features including a large stocked pond, walking, hiking and ATV trails, beautiful level and gently rolling fertile pasture, areas of open and dense timber
  • 4.5 Miles from Cerner Trails Campus – Larger office park in Missouri - 3000 employees move in January 2017. Expected to have 16,000 employees by 2025.
  • 8 miles from Burns & McDonnell Headquarters (5000+ Employees)
  • 2.9 Miles from Summit Woods Shopping and Restaurant District
  • 1.5 Miles from Paragon Star Sport Village. Proposed to open Fall 2017, 17 Soccer fields, an entertainment district, volleyball courts, hiking trails, upscale apartments and hotels
  • A Community Preferences Survey conducted April 2016 by the City of Kansas City Identified:
  • 69% of Survey respondents want a home 10 years old or less. Only 3% of homes have been built in surrounding areas since 2000.
  • 70% are likely to move in the next 5 years and 74% of those will look for a Single Family Home in a Traditional Suburban Neighborhood.
  • The median value of homes in the surrounding community is $110,211. Sixty-Five Percent of respondents expect to pay $200,000 or more when purchasing a new home
  • 55% of respondents want green space, parks and recreation areas within walking or short drive distance
  • Hickman Mills School District
  • Over ¼ mile of Bannister Road Frontage on the South, and over ¼ of Westridge Road frontage borders the east.
  • Electricity and Water on property
  • Two Homes on the property including the original homestead and a rental house providing near $700 a month.
  • Abundant wildlife on the property including excellent hunting for whitetails able to mature and grow large in the urban area!

Property Address

E Bannister Road, Kansas City, MO