Property profile

119th St Olathe, KS 66061

OFF-MARKET
Retail properties & Spaces
7,000 SF 2.69 ac lot
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Property summary

AI-generated overview

This exceptional 2.69-acre commercial land parcel presents a remarkable opportunity for retail development in Olathe, Kansas. Located at the high-traffic intersection of 119th Street and I-35, this pad site boasts unparalleled visibility and accessibility. The property offers 7,000 square feet of buildable space, ideal for a variety of retail uses. This strategic location benefits from its placement within a super regional trade area, anchored by a high-performing AMC Theatre attracting over one million annual visitors. The site enjoys exceptional daily traffic counts, with over 153,000 vehicles passing daily on 119th Street and I-35. The surrounding area demonstrates strong demographics, featuring a robust workforce of 147,000 employees within a five-mile radius and an average household income exceeding $109,000 within the same area. This prime location and strong market fundamentals make this property an exceptional investment opportunity for discerning buyers seeking high-impact retail development in a thriving Kansas City suburb. The property is situated in Johnson County, Kansas, with a zip code of 66061. This is a for-sale opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,000 SF
Lot 2.69 ac (117,176 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

119th St Olathe, KS 66061
Olathe metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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