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    OFF-MARKET
    Land

    119th & Lone Elm Rd, Olathe, KS 66061

    7.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.8-acre commercial land parcel presents a unique investment opportunity in the thriving Olathe, Kansas market. Located at the intersection of 119th and Lone Elm Road, this property boasts convenient access to Kansas Highway 7, ensuring high visibility and easy accessibility for potential businesses and customers. The site is zoned C-1, permitting a variety of uses including neighborhood retail, small-scale neighborhood office spaces, low-intensity retail establishments, and civic uses. Utilities are already in place, simplifying development and reducing upfront costs. Given its size and zoning, this land is ideally suited for a range of projects, such as educational facilities, places of worship, multifamily developments, or smaller-scale commercial ventures. The property's location within a rapidly growing area promises significant future appreciation potential. This is a rare opportunity to acquire a substantial parcel of land in a prime location with excellent infrastructure and zoning flexibility. The sale price is available upon request. The property is situated in Johnson County, Kansas, with a zip code of 66061. Detailed site plans and further information are available.

    Property profile
    Verified
    Property type Land
    Lot 7.8 ac (339,768 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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