Property profile

0 K-7 & College Blvd Olathe, KS 66061

OFF-MARKET
Land
59.82 ac lot
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Property summary

AI-generated overview

This exceptional 59.82-acre commercial land parcel presents a unique investment opportunity in the thriving city of Olathe, Kansas. Strategically located at the intersection of K-7 and College Boulevard, this highly accessible pad site offers unparalleled connectivity to major transportation arteries, including easy access to K-10 and other metro area highway systems. The property is zoned C-O, CP-2, and C-2, allowing for a wide range of development possibilities. Its prime location within a desirable and upscale community places it in close proximity to numerous amenities and a strong population base. Nearby attractions include the Olathe School Districts, College Boulevard Activity Center (CBAC), Cedar Creek neighborhood, K-State University Satellite Campus, and the Shops of Stonybrook. Furthermore, its proximity to Olathe Northwest High School and Meadow Lane Elementary adds to its appeal. The surrounding area boasts a significant population of 98,605 residents and 56,611 employees within a 5-mile radius, and impressive demographics, with an average household income of $130,698 within a 3-mile radius. The asking price is $12,883,377, with a land value ranging from $3.95 to $16 per square foot. The property's APN numbers are DP04650000 0001, DP04650000 0001B, and DP79200000 0001. This is a rare opportunity to acquire a substantial land holding in one of Kansas's fastest-growing and most affluent communities.

Property profile

Verified
Property type Land
Lot 59.82 ac (2,605,759 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

K-7 & College Blvd Olathe, KS 66061
Olathe metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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