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    119th & Lone Elm Rd Olathe, KS 66061

    Sponsored
    For Sale
    Contact for pricing

    Prime Olathe land, C-1 zoning, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.8-acre commercial land parcel presents a unique investment opportunity in the thriving Olathe, Kansas market. Located at the intersection of 119th and Lone Elm Road, this property boasts convenient access to Kansas Highway 7, ensuring high visibility and easy accessibility for potential businesses and customers. The site is zoned C-1, permitting a variety of uses including neighborhood retail, small-scale neighborhood office spaces, low-intensity retail establishments, and civic uses. Utilities are already in place, simplifying development and reducing upfront costs. Given its size and zoning, this land is ideally suited for a range of projects, such as educational facilities, places of worship, multifamily developments, or smaller-scale commercial ventures. The property's location within a rapidly growing area promises significant future appreciation potential. This is a rare opportunity to acquire a substantial parcel of land in a prime location with excellent infrastructure and zoning flexibility. The sale price is available upon request. The property is situated in Johnson County, Kansas, with a zip code of 66061. Detailed site plans and further information are available.

    Property Features for 119th & Lone Elm Rd

    General Information

    Property type
    Land
    Lot Size
    339,768 SF

    HighLights

    • 7.8‑acre parcel available for sale.
    • Situated in a rapidly expanding market.
    • Provides convenient access to Kansas Highway 7.
    • Utilities are readily available on‑site.
    • C‑1 zoning allows for neighborhood retail, small‑scale office, low‑intensity retail, and civic uses.
    • Ideal for educational, religious, multifamily, or neighborhood commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.834519
    Latitude
    38.9126932

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    FAQs

    What type of property is this?
    Land - Prime Olathe land, C-1 zoning, excellent access.
    Where is this land located?
    The property is located at 119th & Lone Elm Rd Olathe, KS.
    What are key features of this property?
    This property features: 7.8-acre parcel available for sale.; Situated in a rapidly expanding market.; Provides convenient access to Kansas Highway 7.
    Request Owner's contact information
    119th & Lone Elm Rd 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
    119th & Lone Elm Rd Olathe, KS 66061
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