Current Use by Public Records
- Warehouses
Property Details for 0 Lone Elm Rd & 56 Hwy
- Lot size
- 7.50 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a prime industrial property located in Olathe, Kansas, at the intersection of Lone Elm Road and Highway 56. The property, known as 56 Commerce Center, offers flexible space ranging from 30,000 to 75,000 square feet, adaptable to various business needs. Situated on a sizable lot of 7.5 to 12.86 acres, it boasts ample room for expansion and future development. The property is zoned M-2 General Business, providing versatility for a wide range of industrial uses. A significant advantage is the pre-approved 10-year, 50% tax abatement, offering substantial financial savings. The location within a protected business park ensures a secure and stable environment. Furthermore, the property includes a pre-designed on-site detention area, streamlining development processes. Convenient access to Interstate 35 via Highway 56 ensures excellent connectivity and efficient logistics. The property includes 100 parking spaces. The asking price for this exceptional opportunity is $1,219,155. This is a rare chance to acquire a well-positioned, highly functional industrial property in a thriving Kansas City area location. Don't miss this chance to secure a valuable asset with significant long-term potential.
Value Estimations
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AI approach
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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
- -94.8346
- Latitude
- 38.9228
