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    20670 151St St Olathe, KS 66061

    Sponsored
    For Sale
    $1,750,000

    Prime Olathe Office, 100% Occupied

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-story, Class B office building, located at 20670 W 151st Street in Olathe, Kansas, is offered at $1,750,000. Built in 2009, the property boasts 100% occupancy and presents a compelling investment opportunity. Currently utilized as a medical practice, the versatile space offers limitless potential for a variety of professional services or office uses. The building's excellent condition is a testament to its meticulous upkeep. The property is situated in Johnson County, Kansas, with a convenient zip code of 66061. Its prime location provides easy access to major transportation routes and amenities. The seller may be willing to sell the existing contents, providing a seamless transition for the new owner. This is a rare opportunity to acquire a fully occupied, well-maintained office building in a thriving Kansas City suburb. The property's strong occupancy rate and versatile layout make it an ideal investment for both seasoned and emerging investors seeking a stable and potentially high-return asset. The building's single-story design offers efficient use of space and convenient accessibility. Don't miss this chance to own a piece of Olathe's vibrant commercial landscape.

    Property Features for 20670 151St St

    General Information

    Property type
    Office Properties & Spaces
    Class
    B

    Building Details

    Year Built
    2009
    Stories
    1

    HighLights

    • $1,750,000 asking price for a single‑story Class B office building in Olathe, Kansas.
    • 100% occupied, built in 2009.
    • Currently used as a medical practice, suitable for various professional services.
    • Located at 20670 W 151st Street, Olathe, KS 66061, with easy access to transportation and amenities.
    • Seller may include existing contents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Vito J. ... Medical Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson, KS
    State
    Kansas
    Longitude
    -94.8227614
    Latitude
    38.8549554

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Olathe Office, 100% Occupied
    Where is this office property / space located?
    The property is located at 20670 151St St Olathe, KS.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: $1,750,000 asking price for a single-story Class B office building in Olathe, Kansas.; 100% occupied, built in 2009.; Currently used as a medical practice, suitable for various professional services.
    Request Owner's contact information
    20670 151St St Olathe, KS 66061
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    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
    20670 151St St Olathe, KS 66061
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