119th & Lone Elm Rd, Olathe, KS 66061
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.