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    1505 151St St Olathe, KS 66062

    For Lease
    Contact for pricing
    Lot size:
    2,055 SF
    Added:
    Dec 11, 2024
    Days on Market:
    361

    Property Features for 1505 151St St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,055 SF

    Unit(s) available at that property

    Space
    Suite 1497
    Size
    900 SF
    Space
    Suite 1485
    Size
    1,155 SF

    HighLights

    • Multi‑Tenant Retail Center for Sale or Lease.
    • Retail Spaces Available: 900 SF and 1,155 SF.
    • Located in a high‑income residential area with average household incomes exceeding $113,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lumpy's Night Club Lumpy's Bar & Grill Bar & Grill

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7950935
    Latitude
    38.8536685

    Nearby Similar for Lease

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    FAQs

    Where is this lifestyle center located?
    The property is located at 1505 151St St Olathe, KS.
    What are key features of this property?
    This property features: Multi-Tenant Retail Center for Sale or Lease.; Retail Spaces Available: 900 SF and 1,155 SF.; Located in a high-income residential area with average household incomes exceeding $113,000.
    Request Owner's contact information
    1505 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
    1505 151St St Olathe, KS 66062
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