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    21655 W 112Th Ter Olathe, KS 66061

    For Sale
    $1,225,000

    Commercial land with tax abatement and strong demographics in Olathe.

    Lot size:
    3.51 Acres

    Property Features for 21655 W 112Th Ter

    General Information

    Lot size
    3.51 Acres

    Source: CBRE | Kansas City Agent Keith Baker

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

    Overview

    Olathe Commercial Land for Sale

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

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8369221
    Latitude
    38.9241106

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    FAQs

    What type of property is this?
    Land - Commercial land with tax abatement and strong demographics in Olathe.
    Where is this land located?
    The property is located at 21655 W 112Th Ter Olathe, KS.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: - 55% Tax Abatement for New Office Construction; - Prominent Location and Accessibility; - Immediate Area Median Income $111,000+
    (816) 756-3535
    Request Owner's contact information
    21655 W 112Th Ter Olathe, KS 66061
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    Olathe, KS 66061
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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
    21655 W 112Th Ter Olathe, KS 66061
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