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    Property profile & analytics

    12215 Strang Line Rd Olathe, KS 66062-5224

    • Hotels
    • 65,247 SF
    • 3.03 lot acres
    OFF-MARKET
    Value Estimation
    $1,100,000
    Location Intelligence
    Property ID
    US33-0566626
    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

    • Residence Inn Kansas City Olathe / Hotel / Extended Stay Hotel

    Property Details for 12215 Strang Line Rd

    Year built
    2000
    Construction
    FRAME
    Lot size
    3.03 lot acres
    Property size
    65,247 SF
    Zone code
    CP-2
    Property type
    Hotels
    Property subtype
    Motels
    APN
    DP68110000 0006
    APU
    DP681100000006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,225,000
      6.5%
      $1,295,000
      7%
      $1,275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,340,000
      Geo Method
      $1,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,325,000
      Retail
      $1,090,000
      Mixed-Use
      $1,065,000
      Hospitality
      $1,245,000
      Educational
      $1,275,000
      Residential Income
      $1,245,000
      Energy
      $1,345,000
      Income-Based Land
      $1,070,000
      Food Service
      $1,170,000

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7752
    Latitude
    38.9069
    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
    $174,589
    $123,703
    $1,368,298
    $1,492,001
    -
    $494,810
    $5,473,190
    $5,968,000

    Comparable in this City

    • Value Estimation
      $1,215,000
      74,873 SF

      12151 Strang Line Ct

      HOTEL/MOTEL • 74,873 SF
      12151 Strang Line Ct, Olathe, KS 66062-5209
      View Details
    • Value Estimation
      $1,100,000
      69,343 SF

      12070 Strang Line Rd

      HOTEL/MOTEL • 69,343 SF
      12070 Strang Line Rd, Olathe, KS 66062-5255
      View Details
    • Value Estimation
      $1,145,000
      50,144 SF

      15490 Rogers Rd

      HOTEL/MOTEL • 50,144 SF
      15490 Rogers Rd, Olathe, KS 66062-3497
      View Details
    • Value Estimation
      $1,045,000
      39,778 SF

      12245 Strang Line Rd

      HOTEL/MOTEL • 39,778 SF
      12245 Strang Line Rd, Olathe, KS 66062-5224
      View Details
    • Value Estimation
      $995,000
      37,284 SF

      15475 Rogers Rd

      HOTEL/MOTEL • 37,284 SF
      15475 Rogers Rd, Olathe, KS 66062-3497
      View Details
    • Value Estimation
      $1,080,000
      65,319 SF

      12081 Strang Line Rd

      HOTEL/MOTEL • 65,319 SF
      12081 Strang Line Rd, Olathe, KS 66062-5207
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      Olathe Industrial Warehouse - $1.5M

      Vacant warehouse, manufacturing space, high visibility.
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      Olathe Land: Prime Commercial Site

      2.05 Acres, CP-O Zoning, Build-to-Suit
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Olathe Retail Center - I-35 Access

      Prime Olathe location, 7,000 sq ft available.
      119th St, Olathe, KS 66062
      View Details
    • $13 SF/Yr
      20,987 SF

      Olathe Retail Center - Prime Location

      High-traffic retail space available in Olathe, KS.
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      View Details
    • Contact for pricing
      78,412 SF

      Olathe Warehouse Space Available

      78,412 SF warehouse space for lease in Olathe.
      21100 West 159Th St, Olathe, KS 66062
      View Details
    • $21 SF/Yr
      1,600 SF

      Olathe Neighborhood Retail Center

      Retail space available in Olathe neighborhood center.
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    • Contact for pricing
      472,771 SF

      K-10 Commerce Centre: Olathe Land

      Prime Olathe retail development land, 30 acres.
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      View Details
    • Contact for pricing
      1 SF

      Olathe Retail Land Opportunity

      Multiple Spaces, 1-6 Acres Available
      151 151St St, Olathe, KS 66062
      View Details

    Property Visit Statistics

    • Visits by month
      3.9k
    • Visitors by month
      1.5k
    • Avg Time on site
      461 min
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    12215 Strang Line Rd
    Olathe, KS 66062-5224
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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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