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    435 Ferrel St Olathe, KS 66061

    Sponsored
    For Sale
    $925,000

    Prime 0.21-acre lot, build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.21-acre residential lot in Olathe, Kansas, presents a unique opportunity to build your dream home. Located at 435 N Ferrel Street, this property is part of a ten-lot development within the Woods of Prairie Haven neighborhood. The neighborhood boasts a central location, providing convenient access to a variety of retail options, highly-rated schools, and major highways. This fully developed lot includes all essential utilities except sewer, ensuring a seamless building process. Water, underground power, natural gas, and high-speed internet are already in place, along with curbs and other community amenities. The lot is ready for construction, allowing you the flexibility to work with your preferred builder, subject to developer approval. The developer is open to working with individual buyers or allowing for the purchase of multiple lots. This prime location and fully-serviced lot make it an ideal choice for those seeking to build a new home in a desirable Olathe community. The property is situated in Johnson County, Kansas, and has a zip code of 66061. The asking price for this exceptional lot is $925,000.

    Property Features for 435 Ferrel St

    General Information

    Property type
    Land
    Lot Size
    9,148 SF

    HighLights

    • 0.21‑acre residential lot in Olathe, KS, ready for construction.
    • Located at 435 N Ferrel Street in the Woods of Prairie Haven neighborhood.
    • Convenient access to retail, schools, and major highways.
    • Utilities (water, power, gas, internet) available; sewer connection required.
    • Curbs and community amenities in place.
    • Developer approval required for building; multiple lot purchases possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair 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, KS
    State
    Kansas
    Longitude
    -94.8488696
    Latitude
    38.8872533

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    FAQs

    What type of property is this?
    Land - Prime 0.21-acre lot, build your dream home.
    Where is this land located?
    The property is located at 435 Ferrel St Olathe, KS.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: 0.21-acre residential lot in Olathe, KS, ready for construction.; Located at 435 N Ferrel Street in the Woods of Prairie Haven neighborhood.; Convenient access to retail, schools, and major highways.
    Request Owner's contact information
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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
    435 Ferrel St Olathe, KS 66061
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