175th St & Hedge Ln Olathe, KS 66062
This exceptional commercial land opportunity in Olathe, Kansas, presents a unique investment prospect. Located at the intersection of 175th Street and Hedge Lane in Johnson County, this expansive site totals 228.62+/- acres and offers unparalleled access to I-35. The property is zoned to accommodate a variety of commercial developments, with buildable sites ranging from 50 acres to the entire parcel. The site supports buildings from 250,000 to over 1,000,000 square feet. Pricing is tiered based on acreage: 50+/- acres at $2.50 per square foot, 100+/- acres at $2.00 per square foot, or the entire 228.62+/- acre site at $1.70 per square foot. This strategic location benefits from its proximity to the growing corridor near the BNSF Intermodal facility. A significant advantage is the availability of a 10-year, 50% real estate tax abatement. The property is ideal for build-to-suit projects or individual land purchases. The total square footage is 1,000,000 SF, with a net rentable area of 9,958,687 square feet. This presents a rare chance to acquire a substantial land holding in a thriving Kansas City area location with excellent infrastructure and incentives. The zip code is 66062.
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
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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.