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    151 151St St Olathe, KS 66062

    Sponsored
    For Sale
    Contact for pricing

    Prime Retail Land, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity in the thriving Olathe, Kansas market. Located at the highly visible intersection of 151st and Blackbob, this property boasts impressive traffic counts exceeding 42,000 vehicles per day, ensuring maximum exposure for any development. The site offers several pad sites and retail sites available, providing flexibility for a variety of commercial ventures. This prime location benefits from its proximity to established, high-volume businesses including Hy-Vee, McDonald's, and Starbucks, creating a synergistic environment and attracting a substantial customer base. The land itself encompasses a sizable area ranging from 1.23 to 6.34 acres, providing ample space for development. With excellent visibility from 151st Street, this property is ideally suited for businesses seeking high visibility and accessibility. Situated in Johnson County, Kansas, and conveniently located within zip code 66062, this property offers unparalleled access to a dense and affluent population. This is a rare opportunity to acquire a strategically located commercial parcel in a rapidly growing area. The property's location and high traffic volume make it an ideal investment for developers seeking to capitalize on the strong retail demand in this vibrant community.

    Property Features for 151 151St St

    General Information

    Property type
    Land
    Lot Size
    53,579 SF

    HighLights

    • Pad sites and retail spaces available for lease.
    • High‑traffic location anchored by Hy‑Vee, McDonald's, Starbucks, and other national tenants.
    • Intersection boasts over 42,000 vehicles per day.
    • Exceptional visibility from 151st Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Johnson County Dermatology Medical Clinic Trisha Prossick, MD Dermatologist Kristin Sands General Practitioner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7610861
    Latitude
    38.854735

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, High Traffic Area
    Where is this land located?
    The property is located at 151 151St St Olathe, KS.
    What are key features of this property?
    This property features: Pad sites and retail spaces available for lease.; High-traffic location anchored by Hy-Vee, McDonald's, Starbucks, and other national tenants.; Intersection boasts over 42,000 vehicles per day.
    Request Owner's contact information
    151 151St St 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
    151 151St St Olathe, KS 66062
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