Listed by Reece Commercial
$6,750,000
K-10 & N 1500 St Tracts 1&2
Details
Property Type Land
Sub Type Commercial
Acreage 37.71 - 76.42
Zoning AG-1
Land
Marketing description
The need for new housing for the 4,000 new employees of the new Panasonic Plant in DeSoto, which officially opened July 14, 2025, will be fulfilled by the development of this 114 acres. This property is one of the closest locations to the plant that can be used for housing to support the need generated by the new employees at the plant. It is approximately 20 miles from the plant by using K-10 Highway from its front door to the plant. An approximate 20 minute drive by a 4-lane highway.
The Kansas City Metro will have 11.2 million square feet of industrial space under construction in 2025. The Panasonic plant at the former Sunflower Army Ammunition Plant in DeSoto accounts for 4.7 million square feet of that total.
The Panasonic plant currently is the third largest industrial project under construction in the entire US.
The huge DeSoto plant – you could fit the Eiffel Tower in the building if you placed it on its side – has two wings. The first wing is completed. Once both wings are open, the plant is expected to employ 4,000 people. The plant itself will be a total of 4.7 million square feet.
Kansas officials have acknowledged that on of their ultimate goals is to have an auto company locate an entire vehicle manufacturing plant next to the Panasonic battery plant. The site certainly has room for it in its 9,000 acres.
Investment highlights
- Location: At the SWC of the Bob Billings Parkway and K-10 interchange.
- Acres And Usage: The potential usage for each tract is shown on the attached Potential Land Use Plan. Tract 1 - 37.71 Acres - Multifamily Apartments; Potential commercial based on recently annexed 162,000 sqft Costco – 1 mile north on 6 and Hwy 10 and opposite intersection. Casey’s has existing commercial activity. th Tract 2 - 76.42 Acres - Townhomes, Duplex, Senior Living; Single Family Residential
- Price Reduced: $7,725,000 reduced to 6,750,000 (Potential owner financing could be available)
- KDOT: KDOT has built E 875 Road to city standards thru the middle of the property between Tracts 1 & 2 (See attached K-10 Plan).
- Water: City of Lawrence is extending a 12" water line underneath South Lawrence Trafficway near the NE corner of Tract 1. Proposed to be completed early 2026. A new water line will go south along the now E 875 Road.
- Zoning: Present zoning is AG-1, but multi use residential land plans have been shown to the city with a favorable response (see attached proposal plans). Retail development is also possible.
- Traffic: Traffic count on South Lawrence Trafficway is 17,800.
- Sanitary Sewer: An 18" sewer line has been stubbed under K-10 Highway and will be extended to another existing sewer line by Summer 2026.
- Bob Billings Pkwy: The city of Lawrence will extend Bob Billings Parkway from the South Lawrence Trafficway (K-10) across the north end of the property.
- School District: The Lawrence School District owns the land west of Tract 2 for a future school.
- New Retail: Costco is building a new 162,000 sqft store one mile to the North at the NE corner of K-10 & 6 Street.
Listing Contacts
Listed by Reece Commercial
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