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    5 151St St Olathe, KS 66061

    Sponsored
    For Sale
    $349,000

    Prime Olathe acreage, build your dream home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.55-acre property presents a rare opportunity to build a custom home in desirable Olathe, Kansas. Located at Lot 5, 151st & Moonlight Street, this partially wooded parcel offers a secluded setting despite its convenient location. Enjoy the privacy afforded by treed road frontage, creating a buffer from the street. The land boasts seasonal water sources, attracting wildlife such as deer and turkey. Overhead electric service is available at the road, simplifying the building process. While a small portion near the road ditch falls within a future flood area, the primary building site is outside this zone. The property is free from HOA fees and restrictive covenants, subject only to Johnson County regulations. Importantly, the plat has already been approved and recorded in Johnson County. This presents a unique chance to build immediately or hold for future development. Detailed information, including survey and plat maps, is available upon request. This is an exceptional opportunity to own a substantial piece of land in a highly sought-after area. Don't miss out on this chance to create your ideal country retreat just minutes from city amenities.

    Property Features for 5 151St St

    General Information

    Property type
    Farms
    Lot Size
    415,998 SF

    HighLights

    • $349,000 asking price.
    • 9.55‑acre land parcel.
    • Located in Olathe, Johnson County, Kansas (zip code 66061).
    • Residential and agricultural zoning.
    • Partially wooded with road frontage offering privacy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson, KS
    State
    Kansas
    Longitude
    -94.8728093
    Latitude
    38.9071042

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    FAQs

    What type of property is this?
    Farm - Prime Olathe acreage, build your dream home.
    Where is this farm located?
    The property is located at 5 151St St Olathe, KS.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: $349,000 asking price.; 9.55-acre land parcel.; Located in Olathe, Johnson County, Kansas (zip code 66061).
    Request Owner's contact information
    5 151St St 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
    5 151St St Olathe, KS 66061
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