The green shaded area—a spacious 21.4-acre parcel of open #mcre1

The green shaded area—a spacious 21.4-acre parcel of open, undeveloped land near SE 40th Street and Interstate 470 in Topeka, KS, part of the Kansas City metro area in Shawnee County —represents a valuable opportunity in today's market. Comparable land prices in this suburban region provide strong context for its potential worth as a single-family home site.Recent listings and market data from sources like Land.com, LandSearch, Zillow, and local real estate analytics show significant variation depending on exact location, zoning, utilities access, and development potential. In broader Kansas City, MO, undeveloped or vacant land averages around $47,000 to $60,000 per acre across hundreds of listings, with overall averages pulled down by smaller urban lots and higher-end rural parcels. Jackson County specifically trends toward $43,000 per acre on average for available properties.Closer to this site's suburban-adjacent setting—near I-470 and established neighborhoods—prices for larger undeveloped acreage (10–40+ acres) often range from $30,000 to $90,000 per acre, reflecting proximity to highways, utilities, and residential growth. For example:

• Larger tracts (20–34 acres) in southern Jackson County or near Lee's Summit have listed in the $18,000–$40,000 per acre range for raw or semi-rural land, such as a 26-acre parcel at around $18,800 per acre or 20-acre opportunities at $39,950 per acre.
• In Lee's Summit specifically, rural/vacant land averages $73,000 per acre across smaller parcels, but drops for bigger undeveloped pieces, with some 10–20+ acre listings falling in the $50,000–$80,000 per acre ballpark when factoring in residential potential.
• Higher-end or commercially influenced parcels near interstates push toward $100,000+ per acre, but pure undeveloped residential-suitable land in this corridor stays more moderate.

For a 21.4-acre parcel like this one—open, grassy, bordered by subdivisions, and with excellent road access—the comparable value likely falls in the $40,000 to $70,000 per acre range, translating to a total estimated market value of roughly $856,000 to $1,498,000 (before any site-specific adjustments like surveys, zoning confirmation, or utility extensions). This positions it as competitively priced compared to smaller suburban lots (often $100,000+ per acre in built-up areas) while offering far more space and privacy.The site's advantages—generous size for a custom home with room for amenities, easy connectivity to I-470 for commuting, nearby infrastructure, and a serene, open feel—align well with current demand in growing suburban Jackson County. Larger parcels like this are relatively rare near urban edges, often commanding premiums for their flexibility in creating a private estate-style residence without rural isolation.Overall, in the 2025–2026 market, this green parcel stands out as a solid investment with strong comparable support. Its scale and location suggest it could appreciate further as the area continues to develop, making it an attractive option for building that ideal single-family home in a balanced, accessible spot.