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    120 Clairborne Rd Olathe, KS 66062-1639

    • Community centers
    • 54,604 SF
    • 11.73 lot acres
    OFF-MARKET
    Value Estimation
    $1,190,000
    Location Intelligence
    Property ID
    US33-0691144
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Aspire Event Space / Event Venue
    • Westlake Ace Handyman Services Olathe / Handyman/Handywoman/Handyperson
    • Westlake Ace Hardware / Hardware Store / Home Improvement Store
    • Resharp / Sharpening Service
    • KC's Sports Academy / Sports Club

    Property Details for 120 Clairborne Rd

    Year built
    1975
    Construction
    CONCRETE BLOCKS
    Lot size
    11.73 lot acres
    Property size
    54,604 SF
    Zone code
    CP3
    Property type
    Community centers
    APN
    DP75100000 0001
    APU
    DP751000000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,150,000
      6.5%
      $1,270,000
      7%
      $1,360,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,265,000
      Geo Method
      $1,240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,260,000
      Retail
      $1,325,000
      Mixed-Use
      $1,075,000
      Hospitality
      $1,225,000
      Educational
      $1,150,000
      Residential Income
      $1,100,000
      Energy
      $1,260,000
      Income-Based Land
      $1,185,000
      Food Service
      $1,120,000

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7879
    Latitude
    38.8819
    CBSA code
    28140
    CBSA name
    KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $201,269
    $879,950
    $930,800
    $1,810,750
    -
    $3,519,800
    $3,723,200
    $7,243,000

    Comparable in this City

    • Value Estimation by Request
      146,613 SF

      14615 119th St

      MINI-MALL • 146,613 SF
      14615 119th St, Olathe, KS 66062-8600
      View Details
    • Value Estimation by Request
      16,034 SF

      14910-14970 119Th St

      Neighborhood centers • 16,034 SF
      14910-14970 119Th St, Olathe, KS 66062
      View Details
    • Value Estimation by Request
      87,093 SF

      14665 119th St

      MINI-MALL • 87,093 SF
      14665 119th St, Olathe, KS 66062-8600
      View Details
    • Value Estimation by Request
      1.33 Acres

      Olathe, KS 66062

      MINI-MALL • 1.33 Acres
      Olathe, KS 66062
      View Details
    • Value Estimation by Request
      0.48 Acres

      Olathe, KS 66062

      MINI-MALL • 0.48 Acres
      Olathe, KS 66062
      View Details
    • Value Estimation
      $330,000
      0.50 Acres

      Olathe, KS 66062

      MINI-MALL • 0.50 Acres
      Olathe, KS 66062
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      New Drive-Through Restaurant Opportunity

      New construction drive-through restaurant in growing Kansas City suburb.
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    • $2,850,000
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      Retail Space in Power Center

      Retail space with strong corporate guaranty and highway access.
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      High-traffic retail space near Hy-Vee.
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    Similar Nearby for Lease

    • $20 SF/Yr
      16,034 SF

      Blackbob Corners Executive Office Space

      Olathe, KS Office Space Available Now
      14910-14970 119Th St, Olathe, KS 66062
      View Details
    • Contact for pricing
      1,550 SF

      Retail Space in High-Traffic Corridor

      Retail space with high visibility and easy highway access.
      14905-14995 W 119Th St, Olathe, KS 66062
      View Details
    • $21 SF/Yr
      20,000 SF

      Retail Space in Grocery-Anchored Center

      Retail spaces available in a high-traffic, grocery-anchored shopping center.
      15225-15257 W 135Th St, Olathe, KS 66062
      View Details
    • Contact for pricing
      7,920 SF

      Retail Space in High-Traffic Corridor

      Retail space with high visibility and easy highway access.
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      View Details
    • $21 SF/Yr
      1,600 SF

      Olathe Neighborhood Retail Center

      Retail space available in Olathe neighborhood center.
      1701-1731 S Mur Len Rd, Olathe, KS 66062
      View Details
    • Contact for pricing
      24,826 SF

      Olathe Retail Space Available

      High-profile retail space with strong demographics and excellent visibility.
      15350 W 119Th St, Olathe, KS 66062
      View Details

    Property Visit Statistics

    • Visits by month
      9.6k
    • Visitors by month
      7.9k
    • Avg Time on site
      15 min
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    120 Clairborne Rd
    Olathe, KS 66062-1639
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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