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    151 151St St Olathe, KS 66062

    For Lease
    Contact for pricing

    Multiple Spaces, 1-6 Acres Available

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property, located at the prominent intersection of 151st and Blackbob in Olathe, Kansas, presents a unique investment opportunity. The site offers flexible development potential with multiple retail spaces available across a range of lot sizes, from one to six acres. Situated in Johnson County, this prime location boasts high visibility and accessibility, making it ideal for a variety of retail businesses. The property is zoned for commercial use and is ready for immediate development or lease. The address is conveniently located within the 66062 zip code, providing easy access to major transportation routes and a thriving consumer base. With its expansive acreage and strategic location, this property offers significant potential for growth and return on investment. The multiple spaces allow for flexibility in tenant selection and development plans, catering to a diverse range of business needs. This is a rare opportunity to acquire a substantial commercial parcel in a highly desirable area of Olathe, Kansas. The property's size and location make it an attractive prospect for both established businesses seeking expansion and new ventures looking to establish a strong presence in the market. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property type is designated as retail and land, with multiple tenancy options.

    Property Features for 151 151St St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    71,874 SF
    Space
    Available Space
    Size
    276,170 SF
    Space
    Available Space
    Size
    59,242 SF
    Space
    Available Space
    Size
    53,579 SF

    HighLights

    • Pad sites and retail spaces available for lease.
    • High‑traffic location anchored by Hy‑Vee, McDonald's, Starbucks, and other national retailers.
    • Intersection boasts over 42,000 vehicles per day.
    • Exceptional visibility from 151st Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnson County Dermatology Medical Clinic Trisha Prossick, MD Dermatologist Kristin Sands General Practitioner

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop 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
    -94.7610861
    Latitude
    38.854735

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    FAQs

    What type of property is this?
    Land - Multiple Spaces, 1-6 Acres Available
    Where is this land located?
    The property is located at 151 151St St Olathe, KS.
    What are key features of this property?
    This property features: Pad sites and retail spaces available for lease.; High-traffic location anchored by Hy-Vee, McDonald's, Starbucks, and other national retailers.; Intersection boasts over 42,000 vehicles per day.
    Request Owner's contact information
    151 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
    151 151St St Olathe, KS 66062
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