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Property profile & analytics
OFF-MARKET
Super regional malls
1109 Santa Fe St Olathe, KS 66061-3763
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US33-0539311
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1976
Construction
CONCRETE BLOCKS
Total area
5,307 SF
Lot
0.58 ac (25,272 SF)
Zoning code
CP2
APN
DP21000000 0011
UPID
US33-0539311
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sakura Japanese Sushi Train II Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Celebrate Holdings Olathe LLC · 1 yrs held
Celebrate Holdings Olathe LLC
since 2025
4 recorded transactions
Zoning & alternative use
CP2 · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Olathe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olathe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,991
Tax year 2023
Assessed value
$153,751
Assessed 2023
Previous assessed
$137,751
+11.6% YoY
Effective rate
11.70%
On assessed value
Assessed land
$77,873
Assessed improvement
$75,878
Land market value
$311,490
Improvement market value
$303,510
Total market value
$615,000
Applied tax rate
503.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1976
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,307 SF
Lot
0.58 ac (25,272 SF)
Zoning code
CP2
APN
DP21000000 0011
UPID
US33-0539311
Jurisdiction
JOHNSON
Zoning & alternative use
CP2 · Olathe, KS
Zoning CP2 · permitted uses
CP2 · Olathe, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Olathe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Celebrate Holdings Olathe LLC
Entity
Mailing address
1109 E SANTA FE ST, OLATHE, KS 66061-3763
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
—
Celebrate Holdings Olathe LLC
Sakura Building LLC
Warranty Deed
$1,400,000 · Fusion Bank
Dec 18, 2019
—
Skaura Building LLC
Tri T Nguyen
Warranty Deed
$422,258 · Security Bank Of Kansas City
Dec 27, 2007
—
Tri T Nguyen
Faramarz Soleimani
Warranty Deed
$575,000 · Industrial State Bank
Apr 14, 2006
—
Faramarz Soleimani
Pierre Brandli
Warranty Deed
$505,000 · Gardner National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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