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Property profile & analytics
OFF-MARKET
Land

191 Woodland Rd Olathe, KS 66062

26.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 26.88-acre development opportunity in Spring Hill, Kansas, presents a unique chance to build a thriving 200-unit duplex community. Located at the southwest corner of 191st Street and Woodland Road, this R-2 zoned property offers 100 duplex lots, with two planned units per lot. Infrastructure is partially in place, with approximately half the site already improved with sanitary and storm sewers, utility crossings, and curbs. Essential utilities—water, sewer, electricity, and gas—are readily available. The projected sales price for completed units ranges from $250,000 to $350,000, promising significant returns on investment. Situated in a rapidly growing area of the Kansas City Metro, this development benefits from its proximity to Johnson County and its numerous amenities. This prime location offers exceptional potential for a high-demand, multi-family residential project. The property is classified as Land, Multifamily, Apartment Building, Residential, and Agricultural, offering diverse investment possibilities. This is a remarkable opportunity to capitalize on the burgeoning real estate market in a desirable Kansas City suburb.

Property profile
Verified
Property type Land
Lot 26.88 ac (1,170,893 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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