106th St & Ridgeview Rd Olathe, KS 66061
- Land
- 2.30 lot acres
Current Use by Public Records
- Land
Property Details for 106th St & Ridgeview Rd
- Lot size
- 2.30 lot acres
- Property type
- Land
Description
This exceptional 2.3-acre commercial land parcel, situated at the intersection of W. 106th Street and S. Ridgeview Road in Olathe, Kansas (zip code 66061), presents a unique investment opportunity. The property is zoned C-2, allowing for a variety of commercial uses. Its location within the established, high-quality Corporate Ridge Office Park offers excellent visibility and accessibility. The lot boasts all utilities on-site and benefits from a high traffic count of over 17,500 vehicles per day on S. Ridgeview Road. Its strategic location provides quick access to major thoroughfares including K-10, I-435, and I-35, ensuring convenient access for employees and customers. Across the street lies the state-of-the-art Garmin Olathe Soccer Complex, further enhancing the area's visibility and appeal. The land is priced at $10.95 per square foot. A significant advantage is the availability of a 55% tax abatement for a 10-year period, making this a highly attractive investment proposition. Potential uses include hotel/restaurant development or an urgent care/medical office facility. This property offers a rare combination of location, zoning, and financial incentives, making it an ideal choice for discerning investors seeking a high-return opportunity in a thriving Kansas City suburb.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olathe
- County
- Johnson
- State
- Kansas
- Longitude
- -94.7976
- Latitude
- 38.9364
