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Property profile & analytics
OFF-MARKET
Drive through restaurants
14605 119th St Olathe, KS 66062-8600
Entity Owned
18-yr Hold
Free & Clear
Property ID
US33-0216231
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2006
Construction
CONCRETE BLOCKS
Total area
1,878 SF
Lot
0.86 ac (37,658 SF)
Zoning code
CP-2
APN
DP54190000 0009
UPID
US33-0216231
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
-
Starbucks Cafe & Coffee Shop
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
Of&h Property LLC · 18 yrs held
Of&h Property LLC
since 2008
3 recorded transactions
Zoning & alternative use
CP-2 · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for mixed-use centers where designated in the Comprehensive Plan. This district includes pedestrian-scale development with commercial uses that draw from multiple neighborhoods. And the PD (Planned District) provides for development of office, research and development, light assembly, limited retail and service uses, and residential us…
Zone name
Planned General
General category
PLANNED_DEVELOPMENT
Zone area
858.72 ac
Source
Realmo
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
$36,275
Tax year 2023
Assessed value
$310,001
Assessed 2023
Previous assessed
$271,501
+14.2% YoY
Effective rate
11.70%
On assessed value
Assessed land
$218,168
Assessed improvement
$91,833
Land market value
$872,670
Improvement market value
$367,330
Total market value
$1,240,000
Applied tax rate
612.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2006
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,878 SF
Lot
0.86 ac (37,658 SF)
Zoning code
CP-2
APN
DP54190000 0009
UPID
US33-0216231
Jurisdiction
JOHNSON
Zoning & alternative use
CP-2 · Olathe, KSZoning CP-2 · permitted uses
CP-2 · Olathe, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for mixed-use centers where designated in the Comprehensive Plan. This district includes pedestrian-scale development with commercial uses that draw from multiple neighborhoods. And the PD (Planned District) provides for development of office, research and development, light assembly, limited retail and service uses, and residential uses in a mixed-use setting.
Zone name
Planned General
General category
PLANNED_DEVELOPMENT
Zone area
858.72 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
Of&h Property LLC
Entity
Free & Clear · 18 yrs held
Mailing address
13501 ABERDEEN PKWY, LEAWOOD, KS 66224-8400
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2020
—
Of&h Property LLC
—
Deed
related
$825,000 · First Bank
Mar 20, 2008
—
Of&h Property LLC
Maeburg LLC
Special Warranty Deed
—
Jan 22, 2008
—
Of&h Property LLC
Maeburg LLC
Special Warranty Deed
$848,000 · Platte Valley Bank Of Missouri
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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