Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    K-7 & Santa Fe Olathe, KS 66061

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    40,315 SF Single-Tenant Land Lease

    Lot size:
    40,315 SF

    Property Features for K-7 & Santa Fe

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,315 SF

    Spaces For Lease

    at K-7 & Santa Fe, Olathe, KS 66061 Contact us

    We can help!

    Listing Contact
    Bryan Jantsch
    Bryan Jantsch

    Listing Agency: The R.H. Johnson Company Listing Agent: Bryan Jantsch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 40,315 square foot commercial land parcel presents a unique investment opportunity in the thriving city of Olathe, Kansas. Located at the Northwest corner of K-7 and Santa Fe, this single-tenant property boasts unparalleled visibility and accessibility. Situated in Johnson County, this strategically positioned land offers significant potential for a variety of commercial ventures. The property's expansive size allows for substantial development, catering to businesses requiring significant space. Its prime location at a major intersection ensures high traffic volume and excellent brand exposure, making it an ideal site for businesses seeking maximum visibility. The address, NWC K-7 & Santa Fe, Olathe, KS 66061, guarantees easy access for customers and employees alike. This is a rare opportunity to acquire a large, well-located commercial land parcel in a rapidly growing area. The property is currently available for lease, presenting a chance to establish a strong presence in a dynamic market. The property's size and location make it suitable for a wide range of commercial uses, offering flexibility for potential tenants. Interested parties are encouraged to explore the possibilities this exceptional property offers. The property is zoned for commercial use and is ready for immediate development. This is a prime opportunity to secure a significant commercial presence in a highly desirable location. Contact us today to learn more about this exceptional leasing opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8344947
    Latitude
    38.8836623

    Nearby Similar for Lease

    • $750 /Mo
      87,120 SF

      Olathe Office Space Available

      Office space for rent, ideal for small business owners.
      2135 E Kansas City Ste B Rd, Olathe, KS 66061
      View Details
    • $4,290 /Mo
      87,120 SF

      Olathe Office Warehouse with Storage

      Office warehouse with outdoor storage and climate control system.
      2133 E Kansas City Rd, Olathe, KS 66061
      View Details
    • Contact for pricing
      56,628 SF

      Renovated Flex Warehouse Space Available

      Move-in ready, renovated warehouse flex space with office and dock.
      15342 S Keeler St, Olathe, KS 66062
      View Details
    • Contact for pricing
      145,055 SF

      Olathe Commercial Flex/Warehouse Space

      Flex, industrial, warehouse, and office suites available for lease.
      15559 S Mahaffie St, Olathe, KS 66062
      View Details
    • $21 SF/Yr
      20,000 SF

      Retail Space in Grocery-Anchored Center

      Retail spaces available in a high-traffic, grocery-anchored shopping center.
      15225-15257 W 135Th St, Olathe, KS 66062
      View Details
    • Contact for pricing

      Restaurant Opportunity on 119th Street

      Fully equipped restaurant space with high traffic frontage available for lease.
      14904 W 119Th St, Olathe, KS 66062
      View Details
    • Contact for pricing
      7,000 SF

      Restaurant/Retail Space in High-Traffic Area

      7,000 SF restaurant/retail space in a super regional trade area.
      12027 S Strang Line Rd, Olathe, KS 66062
      View Details
    • Contact for pricing
      1,015 SF

      Retail Space Near I-35

      Retail space with high visibility near major highway and anchor tenants.
      16433-16445 W 119Th St, Olathe, KS 66061
      View Details
    • Contact for pricing
      3,315 SF

      Former Restaurant Space Available

      Restaurant/retail space in high-traffic area near major retailers.
      13790 S Blackbob Rd, Olathe, KS 66062
      View Details
    • Contact for pricing
      1,400 SF

      Olathe Office Space For Rent

      White-box office space near Downtown Olathe with updated bathrooms.
      108 E Cedar St, Olathe, KS 66061
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space Near I-35

      Retail space anchored by Bass Pro Shop and Main Event.
      16411 W 119Th St, Olathe, KS 66061
      View Details
    • Contact for pricing
      6,810 SF

      Retail Building on High-Traffic Corner

      6,810 SF retail building with redevelopment potential in Olathe.
      11965 S Strang Line Rd, Olathe, KS 66062
      View Details

    FAQs

    What type of property is this?
    Land - 40,315 SF Single-Tenant Land Lease
    Where is this land located?
    The property is located at K-7 & Santa Fe Olathe, KS.
    What are key features of this property?
    This property features: 40,315 SF pad site, build-to-suit or ground lease.; Monument signage on K-7 & Santa Fe.; Join Walmart, Price Chopper, and CVS at this prime corner location.
    (816) 268-2455 Call to check price and availability
    Request Owner's contact information
    K-7 & Santa Fe Olathe, KS 66061
    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.
    K-7 & Santa Fe
    Olathe, KS 66061
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    K-7 & Santa Fe Olathe, KS 66061
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bryan Jantsch
    Bryan Jantsch
    Real Estate License ID: 2017036389
    (816) 268-2455 (816) 561-5111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!