151st St And Pflumm Rd Olathe, KS 66062
This exceptional 7.68-acre (334,540 square feet) commercial land parcel presents a remarkable development opportunity in Olathe, Kansas. Located at the northwest corner of 151st Street and Pflumm Road, this property boasts prominent visibility from a lighted intersection, offering excellent exposure to high traffic volume. The site is zoned C2 and CP-O, allowing for a variety of uses, including retail, restaurants, convenience stores, office buildings, or even senior living facilities. The land is divisible, providing flexibility for developers. This infill location offers immediate access to key amenities and infrastructure. Across the street, you'll find a newly developed Fareway Meat Market and Casey's, further enhancing the area's appeal and drawing significant consumer traffic. The Johnson County Executive Airport is also conveniently located nearby. Parcel IDs are DF241404-4001 and DF241404-4018. The 2022 combined property taxes totaled $2,991.29. The asking price is $10.00 per square foot. Right-in/right-out access on Pflumm Road is a potential depending on the specific use and location of the development. This is an exceptional opportunity to capitalize on a prime location in a thriving area of Olathe.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.