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    Property profile & analytics

    1229 Santa Fe St Olathe, KS 66061-3765

    • Strip malls
    • 19,800 SF
    • 1.75 lot acres
    OFF-MARKET
    Value Estimation
    $730,000
    Location Intelligence
    Property ID
    US33-0024080
    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

    • K-Macho's Mexican Grill and Cantina / Mexican Restaurant / Food Court

    Property Details for 1229 Santa Fe St

    Year built
    1972
    Construction
    FRAME
    Lot size
    1.75 lot acres
    Property size
    19,800 SF
    Zone code
    CP-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    DF231336-3017
    APU
    DF2313363017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $780,000
      6.5%
      $670,000
      7%
      $790,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $675,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $685,000
      Retail
      $705,000
      Mixed-Use
      $645,000
      Hospitality
      $860,000
      Educational
      $685,000
      Residential Income
      $625,000
      Energy
      $790,000
      Income-Based Land
      $710,000
      Food Service
      $820,000

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7978
    Latitude
    38.8827
    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
    $68,083
    $166,198
    $414,553
    $580,751
    -
    $664,790
    $1,658,210
    $2,323,000

    Comparable in this City

    • Value Estimation
      $800,000
      17,891 SF

      1203 Harold St

      SHOPPING CENTER, STRIP CENTER • 17,891 SF
      1203 Harold St, Olathe, KS 66061-7851
      View Details
    • Value Estimation by Request
      9,120 SF

      1750 Harold St

      SHOPPING CENTER, STRIP CENTER • 9,120 SF
      1750 Harold St, Olathe, KS 66061-2700
      View Details
    • Value Estimation by Request
      12,000 SF

      840 Harrison St

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      840 Harrison St, Olathe, KS 66061-4617
      View Details
    • Value Estimation
      $1,120,000
      38,455 SF

      11180 Lone Elm Rd

      SHOPPING CENTER, STRIP CENTER • 38,455 SF
      11180 Lone Elm Rd, Olathe, KS 66061-9434
      View Details
    • Value Estimation
      $780,000
      13,500 SF

      10450 Ridgeview Rd

      SHOPPING CENTER, STRIP CENTER • 13,500 SF
      10450 Ridgeview Rd, Olathe, KS 66061-6438
      View Details
    • Value Estimation by Request
      47,498 SF

      1225 Santa Fe St

      SHOPPING CENTER, STRIP CENTER • 47,498 SF
      1225 Santa Fe St, Olathe, KS 66061-3765
      View Details

    Similar Nearby for Sale

    • $649,950
      5.49 Acres

      Olathe Land Approved Retail Center

      Commercial land approved for a 30,000 SF retail center.
      25020 W 143Rd St, Olathe, KS 66061
      View Details
    • $4,900,000
      65,976 SF

      Olathe Retail Center For Sale

      65,976 SF retail center in Olathe, Kansas.
      1205-1225 E Santa Fe St, Olathe, KS 66061
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    • Contact for pricing
      2.69 Acres

      Olathe Retail Pad Site Opportunity

      Prime 2.69-acre retail land, 7,000 SF.
      119th St, Olathe, KS 66061
      View Details
    • $5,543,261
      11,000 SF

      Olathe CVS HealthHub Investment

      High-yield CVS HealthHub, strong lease.
      18351 119Th St, Olathe, KS 66061
      View Details
    • $525,000
      3,286 SF

      Freestanding Building on Santa Fe

      Freestanding building with restaurant infrastructure and ample parking.
      701 E Santa Fe St, Olathe, KS 66061
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    • Contact for pricing
      1,971 SF

      Freestanding Building on Main Thoroughfare

      Turnkey restaurant opportunity with high visibility and ample parking.
      14930 S Harrison St, Olathe, KS 66061
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,015 SF

      Retail Space Near I-35

      Retail space with high visibility near major highway and anchor tenants.
      16433-16445 W 119Th St, Olathe, KS 66061
      View Details
    • Contact for pricing
      1,507 SF

      Olathe Retail Spaces Available

      Redeveloped center with suites and pad sites for lease.
      740-792 N Ridgeview Rd, Olathe, KS 66061
      View Details
    • $14 SF/Yr
      96,422 SF

      Southwest Plaza Retail Center

      Olathe, KS: Prime Retail Space Available
      873 Parker St, Olathe, KS 66061
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space Near I-35

      Retail space anchored by Bass Pro Shop and Main Event.
      16411 W 119Th St, Olathe, KS 66061
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space Near High-Volume Hy-Vee

      Retail spaces available, anchored by high-volume Hy-Vee.
      17931 W 119Th St, Olathe, KS 66061
      View Details
    • Contact for pricing
      3,695 SF

      Olathe Retail Space - Prime Location

      High-visibility retail space near Bass Pro Shops.
      16535 119Th St, Olathe, KS 66061
      View Details
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    Olathe, KS 66061-3765
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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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