Executive Summary
Introducing a prime investment opportunity strategically positioned near the site of Panasonic Energy’s new $4 billion lithium-ion battery manufacturing facility in De Soto, Kansas. Set to be a cornerstone of the electric vehicle industry, this development is poised to drive substantial economic growth and employment opportunities in the region. The property offers a unique chance for developers to capitalize on the surge in demand for local housing, infrastructure, and commercial spaces expected to accompany the facility's opening in March 2025.
Located in an area with a strong manufacturing legacy, De Soto is ready for this next phase of growth, supported by state and local leadership, a skilled workforce, and a commitment to educational partnerships that enhance workforce development. This property presents a rare opportunity to be part of a transformative project that will shape the future of De Soto and the broader Kansas economy.
Broker | License ID: KS: 00238952 MO: 2016043393
+1(816) 882-3970 | jana@royalfoxkc.com
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Just minutes from downtown De Soto, and on the south side of K-10 lies acres of residentially developed land ripe for commercial development as part of the city’s future use plan.
More than 32,000 vehicles traverse K-10 at Lexington Ave each year. Today, a third of those vehicles exit onto Lexington Ave. Once the Panasonic plant opens, the city expects explosive growth for the area.
Location Overview
De Soto, Kansas is a city in Johnson and Leavenworth counties on the Kansas River, and part of the Kansas City Metropolitan Area. It's located in northwest Johnson County, on the banks of the Kansas Highway 10 corridor between Kansas City and Lawrence.
De Soto is one of the fastest growing small towns in the Kansas City area. It offers residents a suburban rural mix feel and most residents own their homes. Most of the growth is happening southwest of the city's primary residential and commercial districts where the former Sunflower Army Ammunition Plant (SFAAP) is being transformed into an industrial park and jobs hub for the region.
The city is strategically positioned to provide the advantages of a Johnson County location with the lifestyle benefits and close business relationships of a small-town community.
Panasonic has plans to start mass production of multiple battery types for several customers in De Soto in March 2025, including lithium-ion 2170 batteries for Tesla. Panasonic has also shared plans to hire 4,000 permanent employees, including plant operators and engineers.
Quick Facts
Population:
2023: 627,429
2028 (projected): 643,009 ↑ 2.45%
39.9% of Industry in the area is Service-Based
(hotel/lodging, automotive, movies, health, legal, education)
Additional Facts
Median Household Income:
$96,187
Median Home Value:
$360,847
Median Age of Residents:
38.6 years old
Current Infrastructure in the Pipeline
Improvement
$60 Million in local road improvements.
The City is working closely with KDOT to reconstruct 4.5 miles of 103rd Street and Lexington Avenue to a 4-lane divided boulevard. Simultaneously, Flint is reconstructing 1 mile of Edgerton Road to...read more
Expansion
In and around De Soto, Kansas:
- Kill Creak Streamway Dog Park
- McDonald’s, Phillips 66, Super 8, Taco Bell, Harp’s Food Stores
- De Soto High School (9-12), Casey’s, El Patron Mexican
- Starside Elementary School (K-5)
- Lexington Trails Middle School (6-8)
- Oak Country Golf Course
- Miller Park Ballfield
- Kansas River De Soto Boat Ramp & Riverfest Park
- GreatLife Golf at Burning Tree
- Lexington Lake, Park & Trails
- Sunflower Baseball Fields & Nature Park
- Russel and Helen Means Observation Tower
- TimberRidge Adventure Center
- K10 to Lenexa, Shawnee, Overland Park
- K10 to Lawrence, Topeka, Wichita
Influx of Traffic
The Kansas Department of Transportation (KDOT) has begun an impact study and design work on a number of transportation improvements to accommodate the Panasonic facility, future developments at Sunflower, and the surrounding areas. The planned improvements include the following:
Traffic signals and lane additions to the K-10 interchanges at Lexington Avenue, Edgerton Road, and Evening Star Road;
The complete reconstruction of 103rd Street and Lexington Avenue between Evening Star and 95th Street to a 4-lane divided arterial roadway that will include bike lanes and sidewalks;
The construction of approximately 1 mile of arterial section road from 103rd Street southward into the Sunflower property along the main entrance drive
In addition, Flint Development (developer of a separate industrial park at the northwest corner of Edgerton Road and 103rd Street) is reconstructing Edgerton Road between K-10 and 103rd Street. The new road will be a 3-lane section with bike lanes and a sidewalk.
| Property Address | Zoning | SQ.FT. | Sale Price | $/SQ.FT. | Date Sold | |
| 1 | 33951 W 91st Ter, De Soto | M1 | 56,085 | $2,992,500 | $53.35 | 07/27/2023 |
| 2 | 34071 Commerce Dr, De Soto | M1 | 43,824 | $2,343,929 | $53.46 | 12/23/2020 |
| 3 | 15620 Santa Fe Trail Dr, Olathe | AG | 137,494 | $11,305,000 | $82.21 | 12/23/2021 |
| 4 | 15504 Santa Fe Trail Dr, Lenexa | AG | 226,410 | $11,305,000 | $49.93 | 12/23/2021 |
| 5 | 1321 E Kansas City Rd, Olathe | CP-2 | 74,774 | $5,320,000 | $71.15 | 01/03/2023 |
