Property profile

0 119Th St Olathe, KS 66061

OFF-MARKET
Land
4.87 ac lot
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Property summary

AI-generated overview

This exceptional 4.87-acre residential land parcel presents a remarkable investment opportunity in Olathe, Kansas. Located west of Ranch Villas of Greyson Place and Milbrooke Elementary School in Johnson County, this property enjoys a highly desirable location with convenient access to schools, shopping, and recreational facilities. Its strategic position ensures easy connectivity to major transportation routes, facilitating seamless access to neighboring communities. According to the City of Olathe Planning Department, the land is suitable for low-density single-family home development, making it an attractive prospect for builders and investors seeking to capitalize on the strong demand for housing in this area. The property's 4.87-acre size offers considerable potential for a substantial development project. Note that this parcel is being offered for sale in conjunction with MLS # 2497764, providing the unique opportunity to acquire both properties for an expanded development vision. The property is situated at No Address W 119th Street, Olathe, KS 66061. This prime location, coupled with the potential for residential development, makes this an exceptional opportunity for those seeking to build in a thriving Kansas community. The property's coordinates are 38.912902 latitude and -94.7824994 longitude.

Property profile

Verified
Property type Land
Lot 4.87 ac (212,137 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

119Th St Olathe, KS 66061
Olathe metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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