$2,240,000

Exceptional residential development opportunity consisting of approximately 128 acres along Ridgeview Drive near Warrensburg High School. Offered at $17,500 per acre, with a total asking price of approximately $2,240,000. Approximately 48 acres are within Warrensburg city limits, while the remaining 80 acres are located in Johnson County, providing multiple potential development paths. Subject to soil and percolation testing, the southern acreage could potentially remain in the county and support approximately 50–60 larger residential lots utilizing gravel roads and individual septic systems, reducing municipal infrastructure requirements. Preliminary planning and broker analysis indicate the entire property may accommodate up to approximately 275 residential lots, accounting for roads, utilities, stormwater management, common areas, sidewalks and other subdivision requirements. The City of Warrensburg has expressed interest in discussing a cooperative development strategy, potentially including future annexation of the southern acreage, subject to negotiation and governmental approval. Extensive preliminary research has been conducted regarding drainage, utilities, roads, concrete, water, sewer and other development costs. Estimated horizontal development costs for a municipal-style subdivision may range from approximately $45,000–$50,000 per lot, depending on final plans, density and construction pricing. Adjacent to Warrensburg High School, near established residential growth and positioned along a high-traffic corridor, this property offers a rare opportunity to control substantial development acreage in a market with limited new-construction inventory. An additional approximately 28 commercially positioned acres near the hard corners may also be available separately. All acreage, lot counts, costs, utilities and development possibilities are approximate and subject to independent verification, engineering, soil testing and governmental approval.