Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11000 Monticello Ter Olathe, KS 66062

    For Sale
    $5,550,000

    Retail & Land Development Opportunity

    Property size:
    472,771 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Olathe, Kansas commercial property, located at 11000 Monticello Terrace, 66062, presents a prime development opportunity. Encompassing 13.5 to 16.5 acres of land zoned MP-2, Planned General Industrial District, this site offers unparalleled potential for retail development or build-to-suit projects. The property boasts a total buildable area of up to 472,771 square feet, making it ideal for large-scale ventures. Its strategic location provides excellent highway visibility and convenient access to major thoroughfares including I-35, K-7, K-10, and I-435, ensuring high traffic volume and accessibility. The site includes ample parking with a total of 541 spaces distributed across two buildings. Building A offers 195 car parking spaces, 44 standard dock doors (9' x 10'), and 4 drive-in doors (12' x 14'). Building B provides 291 car parking spaces, 60 standard dock doors (9' x 10'), and 4 drive-in doors (12' x 14'). Additionally, trailer storage is available with 20 spaces in Building A and 35 spaces in Building B. The State of Kansas offers attractive relocation and incentive packages for businesses considering this location. The asking price for this exceptional development opportunity is $5,550,000.

    Property Features for 11000 Monticello Ter

    General Information

    Property type
    Land
    Square Feet
    472,771 SF
    Lot Size
    588,060 SF

    HighLights

    • $5,550,000 asking price for this retail and land development opportunity.
    • 472,771 square feet of potential development.
    • 13.5 to 16.5 acres available, zoned MP‑2, Planned General Industrial District.
    • High visibility location with excellent access to I‑35, K‑7, K‑10, and I‑435.
    • 541 total parking spaces available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Nail Salon Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8438898
    Latitude
    38.8102028

    Nearby Similar for Sale

    • $450,000
      0.05 Acres

      Versatile Office Space in Olathe

      Commercial office space in downtown Olathe near local amenities.
      115 E Park St, Olathe, KS 66061
      View Details
    • $350,000
      0.16 Acres

      Olathe Live/Work Office Opportunity

      Live/work office in Olathe near courthouse and city hall.
      104 E Poplar St, Olathe, KS 66061
      View Details
    • $400,000
      0.27 Acres

      Live-Work Property Near Courthouse

      Mixed-use property ideal for entrepreneurs and small business owners.
      108 E Poplar St, Olathe, KS 66061
      View Details
    • $725,000
      0.94 Acres

      Downtown Olathe Live/Work Opportunity

      Commercial properties in downtown Olathe, near the Johnson County Courthouse.
      104 E Poplar St, Olathe, KS 66061
      View Details
    • Contact for pricing
      1,971 SF

      Freestanding Building on Main Thoroughfare

      Turnkey restaurant opportunity with high visibility and ample parking.
      14930 S Harrison St, Olathe, KS 66061
      View Details
    • $4,850,000
      8,178 SF

      Olathe Retail Investment Opportunity

      Retail property with a strong tenant and long-term lease.
      11815 S Blackbob Rd, Olathe, KS 66062
      View Details

    FAQs

    What type of property is this?
    Land - Retail & Land Development Opportunity
    Where is this land located?
    The property is located at 11000 Monticello Ter Olathe, KS.
    What is the asking price?
    The asking price for this property is $5,550,000.
    What are key features of this property?
    This property features: $5,550,000 asking price for this retail and land development opportunity.; 472,771 square feet of potential development.; 13.5 to 16.5 acres available, zoned MP-2, Planned General Industrial District.
    Request Owner's contact information
    11000 Monticello Ter Olathe, KS 66062
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11000 Monticello Ter
    Olathe, KS 66062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    11000 Monticello Ter Olathe, KS 66062
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.