0 Ridgeview Rd, Olathe, KS 66061
This exceptional 7.7-acre commercial land parcel in Olathe, Kansas (66061), offers a unique investment opportunity. Located near the 135th and I-35 Interchange, this property boasts flexible ‘MP-2’ zoning, permitting both industrial and commercial uses. The site is part of the master-planned Parkside Business Park, featuring a total build-out exceeding 80,000 square feet. Buildings can be custom-built, ranging from 5,000 to 12,000 square feet, with a pre-approved, high-quality concrete/glass design to expedite the approval process. A significant advantage is the eligibility for a 50% tax abatement for 10 years, substantially reducing initial costs. The property's strategic location is further enhanced by its proximity to a city park, water feature, and a new retail development, ensuring high visibility and accessibility. The asking price is $155,461, with a price per square foot of $4.25, based on building sizes between 5,000 and 9,000 square feet. The lot itself encompasses 36,579 square feet. This is an ideal opportunity for developers and investors seeking a prime location with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.