45200 E Hwy 3 Highway

This ±13-acre tract located east of Shawnee presents a unique investment and development opportunity combining immediate cash flow with long-term land value. The property includes two established single-family homes currently generating rental income, offering investors the ability to offset holding costs while planning future development. The balance of the acreage is vacant, providing ample room for expansion or redevelopment. With convenient access to town and nearby utilities, the site is well-positioned for a range of uses, including: - Residential subdivision or additional rental homes - Estate-style or large-lot residential development - Build-to-rent community or small multifamily project (subject to zoning) - Phased development while maintaining existing income streams The combination of current income and significant undeveloped land is increasingly difficult to find, making this property especially attractive for investors, developers, or owner-operators seeking both stability and upside potential. Listing is for three separate parcels: 630052231, 630010885 & 630010874