21555 W 112th Terrace, Olathe, KS

Listing agent Keith Baker

Listing office CBRE | Kansas City k***@cbre.com Show Phone

Listing date Dec 27, 2023

Source Moodyscre

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Overview

This commercial land benefits from a 55% tax abatement for new office construction and sales tax exemption on building materials. Excise taxes are pre-paid. The location benefits from the established Sunnybrook Shopping Center and advantageous proximity to multiple highways. All utilities are available on site. The surrounding area has a solid demographic base, with over 116,000 residents within a 5-mile radius and a median income exceeding $111,000 in the immediate area. There are 17 schools, from pre-kindergarten to 12th grade, located within 3 miles of the property.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

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

Location Insight

• Map
• Local Demand

City

Olathe

County

Johnson

State

Kansas

Longitude

-94.8353

Latitude

38.9238

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FAQs

What type of property is this?

Commercial land - Commercial land with tax abatement and highway access in Olathe.

Where is this commercial land located?

The property is located at 21555 W 112th Terrace Olathe, KS.

What is the asking price?

The asking price for this property is $975,000.

What are key features of this property?

This property features: 55% Tax Abatement for New Office Construction; Prominent Location and Accessibility; Solid Demographic Base: over 116,000 residents within 5 miles