Commercial Real Estate Market in Olathe, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
69 active listings and 2,787 off-market properties in Olathe, KS.
Market Trends
Olathe, KS spans 113.5 square miles in Johnson County, Kansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Olathe, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Olathe, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
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%.
Multifamily
Multifamily space in Olathe, KS has a median asking sale price of $214/SF (based on 4 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
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
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.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Overland Park | $179 | $24.00 |
| Shawnee | $110 | $19.00 |
Commercial property in Olathe, KS asks $214/SF. The 2 bordering markets run from $110/SF in Shawnee to $179/SF in Overland Park, and the city sits above their $145/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Olathe?
How does Olathe compare to nearby markets on price?
What zoning applies to commercial property in Olathe?
Where does Realmo's Olathe market data come from?
Methodology & data sources
- Asking prices and medians
- There are 36 active for-sale and 33 active for-lease listings in Olathe, KS. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
