Listing Agency: Varnum Armstrong Deeter (VAD) Show Phone

Listed By: David Hickman · License #00035362 Show Phone

Source: Moodyscre

Added: Mar 5, 2025 Changed: Sep 4 Last Checked: Sep 15 at 10:18AM

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Investment Insights

Based on property information with market context.

This property features approximately 5.88 acres of land zoned M-2 (General Industrial District). It benefits from high traffic volume, with over 18,700 vehicles per day at the signalized intersection. The location is approximately one-half mile from Olathe Medical Center and one mile west of I-35 and Garmin Headquarters. It is also diagonally positioned from 140 acres acquired by Garmin and one-quarter mile north of Ball Event Center & YMCA.

Key Highlights

• Approximately 5.88 acres of land.
• Zoning M‑2 (General Industrial District).
• Over 18,700 VPD at signalized intersection.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

459

Businesses Nearby

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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - 5.88 acres of industrial land near major landmarks.

Where is this land located?

The property is located at 1660 S Lone Elm Rd Olathe, KS.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Approximately 5.88 acres of land.; Zoning M‑2 (General Industrial District).; Over 18,700 VPD at signalized intersection.