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    11981 S Strang Line Rd Olathe, KS 66062

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    For Sale
    $2,850,000

    Retail space with strong corporate guaranty and highway access.

    Property size:
    7,662 SF
    Lot size:
    0.45 Acres

    Property Features for 11981 S Strang Line Rd

    General Information

    Size
    7,662 SF
    Lot size
    0.45 Acres

    Source: Clemons Real Estate Agent Zach Fowle

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

    Overview

    Retail Space in Power Center

    This 7,662 square foot retail space is located in a regional power center anchored by AMC Theaters and Target. The location provides immediate access to I-35. The property is offered on a NNN lease and includes a strong corporate guaranty. Over 235,000 people live within a five-mile radius.
    Insight Report Location Intelligence

    Current Use by Public Records

    Black Bear Diner ... American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7684739
    Latitude
    38.9088392

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    FAQs

    What type of property is this?
    Retail space - Retail space with strong corporate guaranty and highway access.
    Where is this retail space located?
    The property is located at 11981 S Strang Line Rd Olathe, KS.
    What is the asking price?
    The asking price for this property is $2,850,000.
    What are key features of this property?
    This property features: - Prime location in regional power center anchored by AMC Theaters and Target.; - Immediate access to I-35.; - NNN with strong corporate guaranty.
    (816) 621-2130
    Request Owner's contact information
    11981 S Strang Line 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
    11981 S Strang Line Rd Olathe, KS 66062
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