Technical
Financial
Distress signals
Property profile

108 Cedar St Olathe, KS 66061

OFF-MARKET
Automotive properties
Property ID
US33-0714604
7,871 SF 0.61 ac lot Built 1968
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,029 square foot creative office space is located at 108 W Cedar St in Olathe, Kansas, zip code 66061. The property, built in 1920 and extensively renovated in 2018, boasts a unique blend of historical charm and modern functionality. Classified as a Class B building, it offers a single-tenant occupancy within a 2-story structure situated on a 0.13-acre lot. The building's C-1 zoning provides flexibility for a variety of uses. Ample parking is available with 5 spaces provided on-site. The property's address is 108 W Cedar St, Olathe, KS 66061, and its APN is DP52000061-0027. This is a rare opportunity to acquire a well-maintained, historically significant commercial property in a thriving Kansas City suburb. The building's creative office subtype makes it ideal for businesses seeking a unique and inspiring workspace. The single-tenant occupancy offers simplicity and control, while the convenient location provides easy access to local amenities and transportation routes. This property is perfect for a business seeking a distinctive and functional space with a rich history. The combination of historical character and modern updates makes this a truly unique investment opportunity.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1968
Construction FRAME
Total area 7,871 SF
Lot 0.61 ac (26,460 SF)
Zoning code CP9
APN DP52000062 0013
UPID US33-0714604

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
  • Big Box & Wholesale Store Factory
  • Law Firm
  • Law Firm
  • Bakery Specialty Food Shop
  • Hardware & Home Improvement

Location

108 Cedar St Olathe, KS 66061-4417
Olathe metro Census 53555 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2009
Price N/A

Zoning & alternative use

CP9 · Olathe, KS

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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