5 151St St Olathe, KS 66061
This exceptional 9.55-acre property presents a rare opportunity to build a custom home in desirable Olathe, Kansas. Located at Lot 5, 151st & Moonlight Street, this partially wooded parcel offers a secluded setting despite its convenient location. Enjoy the privacy afforded by treed road frontage, creating a buffer from the street. The land boasts seasonal water sources, attracting wildlife such as deer and turkey. Overhead electric service is available at the road, simplifying the building process. While a small portion near the road ditch falls within a future flood area, the primary building site is outside this zone. The property is free from HOA fees and restrictive covenants, subject only to Johnson County regulations. Importantly, the plat has already been approved and recorded in Johnson County. This presents a unique chance to build immediately or hold for future development. Detailed information, including survey and plat maps, is available upon request. This is an exceptional opportunity to own a substantial piece of land in a highly sought-after area. Don't miss out on this chance to create your ideal country retreat just minutes from city amenities.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.