11000 Monticello Ter Olathe, KS 66062
This exceptional Olathe, Kansas commercial property, located at 11000 Monticello Terrace, 66062, presents a prime development opportunity. Encompassing 13.5 to 16.5 acres of land zoned MP-2, Planned General Industrial District, this site offers unparalleled potential for retail development or build-to-suit projects. The property boasts a total buildable area of up to 472,771 square feet, making it ideal for large-scale ventures. Its strategic location provides excellent highway visibility and convenient access to major thoroughfares including I-35, K-7, K-10, and I-435, ensuring high traffic volume and accessibility. The site includes ample parking with a total of 541 spaces distributed across two buildings. Building A offers 195 car parking spaces, 44 standard dock doors (9' x 10'), and 4 drive-in doors (12' x 14'). Building B provides 291 car parking spaces, 60 standard dock doors (9' x 10'), and 4 drive-in doors (12' x 14'). Additionally, trailer storage is available with 20 spaces in Building A and 35 spaces in Building B. The State of Kansas offers attractive relocation and incentive packages for businesses considering this location. The asking price for this exceptional development opportunity is $5,550,000.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.