Commercial Real Estate Market in Olathe, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
154 active listings and 2,790 off-market properties in Olathe, KS. Commercial property asks $20/SF to buy and $20.75/SF/Yr to lease.
Market Trends
Olathe, KS spans 113.5 square miles in Johnson County, Kansas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Olathe, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Olathe, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Olathe, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in Olathe, KS asks $206/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 54.2%
- Planned_development 16.6%
- Industrial 13.7%
- Agricultural 6.9%
- Commercial 4.8%
- Mixed use 3.6%
- Civic 0.1%
Largest Zones share of zoned land by district
Single Family
General Industrial
Planned Single Family
Agricultural
County Rural Residential
Olathe, KS zones 41,195 acres across 51 districts. Commercial zoning covers 4.8% of zoned land, residential 54.2% and industrial 13.7%. The largest single district is Single Family at 41.6%. For commercial buyers the practical constraint is that only 18.6% of land carries a commercial or industrial designation.
Single Family (R-1)
This district provides for development of standard low density residential developments in areas where adequate public facilities and services exist, and residential development is appropriate given the surrounding land uses and neighborhood
Market overview
Demographics & Economy
Olathe, KS has 170,070 residents in 66,039 households. Density runs 1,499 people per square mile. Median household income here is $109,259 and median gross rent $1,313 a month.
170,070
Population
66,039
Households
2.6
Avg Household Size
37
Median Age
50%
College-Educated
95%
High-School Grad
113.5 sq mi
ZIP Area
1,499
Density / Sq Mi
$109,259
Median Household Income
$52,653
Median Earnings
$1,313
Median Rent
$335,819
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Overland Park | — | $22.24 |
| Gardner | — | — |
| Spring Hill | — | — |
| De Soto | — | — |
Commercial property in Olathe, KS asks $20/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Olathe?
Commercial property in Olathe, KS asks an average of $20 per square foot. Multifamily carries the highest asking price at $206/SF.
How much does it cost to lease commercial space in Olathe?
Asking lease rates in Olathe, KS average $20.75 per square foot per year.
What zoning applies to commercial property in Olathe?
Olathe, KS zones 41,195 acres across 51 districts, of which 4.8% is commercial and 13.7% industrial. The largest single district is Single Family at 41.6% of zoned land. This district provides for development of standard low density residential developments in areas where adequate public facilities and services exist, and residential development is appropriate given the surrounding land uses and neighborhood Residential zoning covers 54.2% and open space 0%.
Where does Realmo's Olathe market data come from?
Realmo compiles Olathe, KS figures from 114 active sale listings, 40 active lease listings, 2,790 tracked off-market properties, the current Olathe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 114 active for-sale and 40 active for-lease listings in Olathe, KS. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 41,195 zoned acres across 51 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
