Technical
Financial
Distress signals
Property profile

14870 Harrison St Olathe, KS 66061

OFF-MARKET
Super regional malls
Property ID
US33-0697998
5,772 SF 1.79 ac lot Built 1996
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This 5,772 square foot restaurant in Olathe, Kansas, is situated on a 1.79-acre lot at 14870 S Harrison St, zip code 66061. Priced at $1,500,000, this owner-user opportunity boasts a fully equipped kitchen and bar, offering excellent visibility and access to K-7 Highway. The property benefits from its prime location as a front pad of a new $305 million mixed-use development and adjacent to the Olathe Medical Center, currently undergoing a $100,000,000 expansion. This location enjoys tremendous daytime population density, with 37,391 employees within a 3-mile radius, further enhanced by its proximity to the Garmin International Headquarters (3,500 employees) less than two miles away. The property is a single-tenant, NNN lease, and joins established businesses like Chili's, Taco Bell, and 54th Street Bar & Grill in a thriving Johnson County area. This turnkey restaurant presents a unique investment opportunity in a high-growth area.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1996
Construction FRAME
Total area 5,772 SF
Lot 1.79 ac (77,972 SF)
Zoning code CP-3
APN DP73740000 0005
UPID US33-0697998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14870 Harrison St Olathe, KS 66061-7214
Olathe metro Census 53603 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$583k
Blend (final) Blend
$575k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

CP-3 · Olathe, KS
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…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Office building $815,000 +103.3%
Commercial (general) $470,000 +17.6%
Auto repair, garage $445,000 +11.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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