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    18555 151St St Olathe, KS 66062

    For Sale
    Contact for pricing

    Prime Olathe location, Walmart Outlot, C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.51-acre commercial land parcel presents a unique investment opportunity in Olathe, Kansas. Located at 18555 West 151st Street, this property boasts a highly desirable C-2, Community Center zoning designation, offering flexibility for a variety of commercial uses. Its strategic location is directly adjacent to a Walmart Neighborhood Market, averaging 57,000 monthly visitors, ensuring high visibility and foot traffic. The "L" shaped lot provides convenient access from both 151st Street and Brentwood Street. A monument sign is permitted, enhancing branding opportunities. The property's proximity to Garmin's headquarters, employing approximately 5,500 people, further strengthens its appeal. Its easy accessibility to I-35 provides excellent connectivity for employees and customers. Olathe, a thriving and affluent community, is part of the Kansas City metropolitan area and consistently ranks among the safest cities in the United States. The area is experiencing continued commercial and residential growth, making this a prime location for retail or office development. This exceptional site offers significant potential for investors seeking a high-traffic, well-located commercial property in a rapidly growing market. The zip code is 66062, and the property is situated in Johnson County.

    Property Features for 18555 151St St

    General Information

    Property type
    Land
    Lot Size
    196,456 SF

    HighLights

    • 4.51‑acre commercial lot adjacent to a Walmart Neighborhood Market averaging 57,000 monthly visitors.
    • C‑2 Community Center zoning.
    • L‑shaped lot with access from 151st and Brentwood Streets.
    • Monument sign permitted.
    • Across from Garmin headquarters (approx. 5,500 employees).
    • Excellent I‑35 access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KeyMe Locksmiths Key Duplication Service Walmart Baby & Nursery ... Family Service Center Walmart Patio & Garden ... Landscaper Walmart Neighborhood Market Grocery Store KeyExpress Locksmiths Key Duplication Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.80052809
    Latitude
    38.85389995

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    FAQs

    What type of property is this?
    Land - Prime Olathe location, Walmart Outlot, C-2 zoning.
    Where is this land located?
    The property is located at 18555 151St St Olathe, KS.
    What are key features of this property?
    This property features: 4.51-acre commercial lot adjacent to a Walmart Neighborhood Market averaging 57,000 monthly visitors.; C-2 Community Center zoning.; L-shaped lot with access from 151st and Brentwood Streets.
    Request Owner's contact information
    18555 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
    18555 151St St Olathe, KS 66062
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