Property summary
This exceptional 245-acre parcel of gently rolling terrain presents a significant investment opportunity in Olathe, Kansas. Located at the intersection of 159th Street and Highway 169 in Johnson County (zip code 66061), this property is currently zoned PEC-3 (planned light industrial). However, the plan is to rezone the land for single-family residential use, opening up a wide range of development possibilities. The expansive lot offers significant potential for various commercial or residential projects. Infrastructure includes existing 12-inch water mains along 159th Street, requiring extension along the 167th Street border. A 15-inch main runs along the west property side, and a 4-inch main on 159th Street ends at the northeast corner. Detailed sewer maps are available. The property's location offers easy access to major transportation routes and is situated in a desirable area. A school district map is available for review. The asking price is $35,000 per acre, making this a compelling investment opportunity for developers seeking a large-scale project in a thriving Kansas community.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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