Property profile

0 156Th St Olathe, KS 66062

OFF-MARKET
Land
1.1 ac lot
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Property summary

AI-generated overview

This exceptional 1.1-acre commercial and industrial lot is ideally situated in the Westlake Industrial Park in Olathe, Kansas, and presents a compelling investment opportunity. Located in Johnson County, at the address of 156th Street, zip code 66062, this property boasts a prime location along Highway 169, just south of the strategic intersection of 151st Street and I-35. This advantageous positioning ensures excellent accessibility and high visibility for any future development. The lot is zoned M-2, designating it for General Industrial District use, opening up a wide range of potential applications. The asking price is $225,000, translating to approximately $4.71 per square foot. Existing improvements are present on the platted lot, offering potential cost savings or redevelopment opportunities. The property's coordinates are latitude 38.8461417 and longitude -94.7806471. This is a rare chance to acquire a well-located, ready-to-develop industrial lot in a thriving Kansas City area market. Don't miss this chance to secure a valuable asset in a high-demand location. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

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

Location

156Th St Olathe, KS 66062
Olathe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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