Kansas City KS I-70 Development Land Auction

KANSAS CITY, KS DEVELOPMENT LAND

ABSOLUTE AUCTION * ONLINE ONLY

PRIME DEVELOPMENT OPPORTUNITY * 26 +/- ACRES (2 TRACTS)

MULTI-STREET ACCESS * EXCELLENT LOCATION * BORDERS I-70

ONLINE BIDDING CLOSES: Saturday, May 24th, 2025 at 6:00 PM (CT)

ABSOLUTE AUCTION: This property will be sold to the highest bidder.

REGISTER & BID ONLINE: Go to our website and register online. All bidding is conducted online only and registration can take up to 24 hours, so please register before the last day.

PROPERTY LOCATION (2 tracts): 7701 Tauromee Ave, Kansas City, KS, 66112, and 505 N 78th St, Kansas City, KS, 66112. (Watch for auction signs)

LEGAL DESCRIPTION: All that property of the Southwest Quarter (1/4) of Section 9, Township 11, Range 24, in Kansas City, Wyandotte County, Kansas, described as follows:

(25.72+/- acres) Commencing at the Northwest corner of the Southwest Quarter of Section 9, Township 11, Range 24, in Wyandotte County, Kansas; thence East 60 poles; thence South 40 poles; thence East 20 poles; thence South 40 poles; thence West 80 poles; thence North 80 poles to the point of beginning, less those parts in Southeast and Southwest corners taken for turnpike in Case No. 93021-A in the District Court of Wyandotte County, Kansas, and less that part on the West and North taken or used for road purposes.

(0.74+/- acres) Beginning at the northeast corner of the northwest quarter of the southwest quarter of Section 9, Township 11, Range 24, Wyandotte County, Kansas, thence west 20 poles, thence south 40 poles, thence east 20 poles, thence north 40 poles to the point of beginning, except that part on the north taken or used for public road purposes.

ORDER OF AUCTION: Both tracts will be offered together as (1) lot in the auction.

PROPERTY PREVIEW: This auction consists of vacant development land and is available for preview at any time. For questions, contact the auction company. Property previews are highly encouraged prior to placing a bid in the auction.

GENERAL DESCRIPTION: Located on the north side of Interstate I-70, this property consists of 26.46+/- (combined) acres and is in close proximity to booming Legends Shopping Area, Kansas Speedway and a variety of easily accessible dining, shopping, schools and health care facilities. Water, sewer and electric available according to County website, this site offers excellent development potential. Adjoining developed tracts include a quick trip, hotel and commercial building. Interior streets include Elizabeth Ave and N. 77th Terrace, with frontage on both N. 78th Street and Tauromee Ave.

OPPORTUNITY ZONE: The subject property is located inside a 3.7 mile opportunity zone in Wyandotte County, Kansas. The Opportunity Zone #20209043905 and offers additional favorable tax treatments for developers.

ZONING: Commercial C-1 (Limited Business District) & Residential R-1 (Single Family District)

C-1 Commercial Limited Business District

R-1 Residential - Single Family District

PROPERTY HIGHLIGHTS:

Sells to Highest Bidder

26.46 +/- Acres

Prime Development Land

Easy Access to I-70

Water, Sewer, Electric

Interior Streets

SURVEY: The property is legally described, and no survey is being provided by the seller. If the buyer desires a survey, it shall be at the buyer sole expense.

POSSESSION: Possession of the property will be given upon payment in full of the purchase price and transfer of title at closing.

TAXES: The (2024) taxes were $11,178.76 and will be paid by the Seller. Current year taxes will be prorated to the date of closing.

PERSONAL PROPERTY: No personal property is being transferred with the real estate.

AUCTIONEERS NOTE: This property represents an exceptional opportunity for developers and investors in the Kansas City area. Offering this 26.46+/- acres as an absolute auction means it will sell to the highest bidder regardless of price. The property's location and size make it ideal for various commercial or residential developments. Contact the auction company with any questions and get registered to bid today.

SELLER: KDI Development Co.