Technical
Financial
Distress signals
Property profile

14904 W 119Th St Olathe, KS 66062

FOR LEASE
Super regional malls
Property ID
US33-0990275
5,778 SF 1.73 ac lot Built 2012
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 14904 W 119th St in Olathe, Kansas, presents a unique opportunity for a single-tenant business. Boasting a substantial 5,984 square feet of space, the entire building is currently vacant and ready for immediate occupancy. Constructed in 2012, the property is in excellent condition and benefits from a generous 1.73-acre lot, providing ample space for parking, outdoor displays, or future expansion. The property's location in Johnson County, Kansas, offers excellent visibility and accessibility, situated within the thriving Olathe community. The zip code is 66062. This single-tenant occupancy presents an ideal opportunity for a business seeking a prominent location with significant square footage. The property is classified as commercial retail and is ready for lease. The building's size and lot size offer significant potential for a variety of retail uses. The property's modern construction and ample space make it an attractive option for businesses seeking a high-profile location in a growing market. Interested parties are encouraged to inquire for further details and leasing information.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2012
Construction FRAME
Total area 5,778 SF
Lot 1.73 ac (75,359 SF)
APN DP55410000 0006
UPID US33-0990275

Cap rate & NOI

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

Location

14904 W 119Th St Olathe, KS 66062
Olathe metro Census 53006 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$538k
Blend (final) Blend
$725k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2015
Price N/A
2015
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.2M +190.9%
Office building $1.1M +170.8%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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