Ridgeview Rd & Spruce St Olathe, KS 66061
- Land
- 2.76 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ridgeview Rd & Spruce St
- Lot size
- 2.76 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2.76-acre industrial land parcel, situated at the intersection of Ridgeview Road and Spruce Street in Olathe, Kansas (zip code 66061), presents a unique investment opportunity. The property is zoned MP2 and offers convenient access to I-35 via Santa Fe Street. The site is divisible, comprising two tracts: a 1.61-acre tract and a 1.16-acre tract, allowing for flexibility in development plans. All utilities are available on-site, and the location offers potential for outdoor storage. A significant advantage is the absence of business park special assessments. Furthermore, the property benefits from its location within Olathe's NRA district, qualifying for an 80% property tax credit over ten years, a substantial incentive for developers. The land is offered for sale at $4.50 per square foot. Build-to-suit pricing is available upon request. This infill location in Johnson County provides exceptional access to transportation networks and a strong labor pool, making it ideal for various industrial uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olathe
- County
- Johnson
- State
- Kansas
- Longitude
- -94.7973
- Latitude
- 38.8863
