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    13621 S Mur-Len Rd Olathe, KS 66062

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    For Sale
    $6,450,000

    Development lots and existing buildings in a premier location.

    Property size:
    9,656 SF

    Property Features for 13621 S Mur-Len Rd

    General Information

    Size
    9,656 SF

    Building Details

    Year built
    2006

    Source: Mark Talley, CCIM, SIOR Agent Mark Talley, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Olathe Development Opportunity

    The Santa Fe Commons development is offered for sale as a single transaction. The property includes two development lots zoned for a combined 22,920 square feet of building area. The offering also includes four existing buildings totaling 45,630 rentable square feet. The total land area is 91,500 square feet, which is approximately 2.10 acres. The property is located in Olathe, Kansas, within the Kansas City Metropolitan Area. The current net operating income is $508,851, with a cap rate of 7.89%. This is a value-add opportunity.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.778
    Latitude
    38.8343

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    FAQs

    What type of property is this?
    Office building - Development lots and existing buildings in a premier location.
    Where is this office building located?
    The property is located at 13621 S Mur-Len Rd Olathe, KS.
    What is the asking price?
    The asking price for this property is $6,450,000.
    What are key features of this property?
    This property features: - Reduced wholesale price of $6,450,000 for four buildings (45,630 RSF) and two development lots (2.10 acres).; - Value-add opportunity below replacement costs in a premier KC Metropolitan Area location.; - **Cap Rate of 7.89% on current Net Operating Income (NOI) of $508,851.**
    (913) 956-5810
    Request Owner's contact information
    13621 S Mur-Len Rd Olathe, KS 66062
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    Olathe, KS 66062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13621 S Mur-Len Rd Olathe, KS 66062
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