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    Property profile & analytics

    15400 119th St Olathe, KS 66062-5606

    • Strip malls
    • 5,159 SF
    • 1.24 lot acres
    OFF-MARKET
    Value Estimation
    $740,000
    Location Intelligence
    Property ID
    US33-0431744
    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

    • T-Mobile Experience Store / Cell Phone Store / Cell Phone Accessory Store

    Property Details for 15400 119th St

    Year built
    1999
    Construction
    FRAME
    Lot size
    1.24 lot acres
    Property size
    5,159 SF
    Zone code
    CP-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    DP50650000 0001
    APU
    DP506500000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,040,000
      6.5%
      $935,000
      7%
      $1,005,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $965,000
      Geo Method
      $880,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $900,000
      Retail
      $1,070,000
      Mixed-Use
      $1,090,000
      Hospitality
      $895,000
      Educational
      $890,000
      Residential Income
      $885,000
      Energy
      $1,110,000
      Income-Based Land
      $855,000
      Food Service
      $835,000

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7649
    Latitude
    38.9133
    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
    $60,574
    $310,858
    $206,793
    $517,651
    -
    $1,243,430
    $827,170
    $2,070,600

    Comparable in this City

    • Value Estimation by Request
      4,200 SF

      16695 151st St

      SHOPPING CENTER, STRIP CENTER • 4,200 SF
      16695 151st St, Olathe, KS 66062-5641
      View Details
    • Value Estimation by Request
      20,520 SF

      1473 151st St

      SHOPPING CENTER, STRIP CENTER • 20,520 SF
      1473 151st St, Olathe, KS 66062-2854
      View Details
    • Value Estimation
      $775,000
      7,740 SF

      14317 135th St

      SHOPPING CENTER, STRIP CENTER • 7,740 SF
      14317 135th St, Olathe, KS 66062-9400
      View Details
    • Value Estimation
      $745,000
      10,602 SF

      15024 Blackbob Rd

      SHOPPING CENTER, STRIP CENTER • 10,602 SF
      15024 Blackbob Rd, Olathe, KS 66062-2663
      View Details
    • Value Estimation
      $675,000
      7,648 SF

      12704 Blackbob Rd

      SHOPPING CENTER, STRIP CENTER • 7,648 SF
      12704 Blackbob Rd, Olathe, KS 66062-1409
      View Details
    • Value Estimation
      $755,000
      13,944 SF

      15971 Bradley Dr

      SHOPPING CENTER, STRIP CENTER • 13,944 SF
      15971 Bradley Dr, Olathe, KS 66062-3925
      View Details

    Similar Nearby for Sale

    • $4,300,000
      16,034 SF

      Blackbob Corners Shopping Center

      Prime Olathe Retail Center, 7% Cap Rate
      14910 119Th St, Olathe, KS 66062
      View Details
    • Contact for pricing
      35.53 Acres

      Olathe Industrial Land for Sale

      Prime Olathe location, build-to-suit options.
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      Retail & Land Development Opportunity
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      New Drive-Through Restaurant Opportunity

      New construction drive-through restaurant in growing Kansas City suburb.
      14123 W 135Th St, Olathe, KS 66062
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    • $2,850,000
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      Retail Space in Power Center

      Retail space with strong corporate guaranty and highway access.
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    • Contact for pricing
      2,200 SF

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      High-traffic retail space near Hy-Vee.
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    Similar Nearby for Lease

    • $21 SF/Yr
      1,600 SF

      Olathe Neighborhood Retail Center

      Retail space available in Olathe neighborhood center.
      1701-1731 S Mur Len Rd, Olathe, KS 66062
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    • Contact for pricing
      1,000 SF

      Retail Space in High-Traffic Area

      1,000 SF retail space available in Olathe, Kansas.
      15149 119Th St, Olathe, KS 66062
      View Details
    • $20 SF/Yr
      16,034 SF

      Blackbob Corners Executive Office Space

      Olathe, KS Office Space Available Now
      14910-14970 119Th St, Olathe, KS 66062
      View Details
    • $21 SF/Yr
      20,000 SF

      Retail Space in Grocery-Anchored Center

      Retail spaces available in a high-traffic, grocery-anchored shopping center.
      15225-15257 W 135Th St, Olathe, KS 66062
      View Details
    • Contact for pricing
      7,920 SF

      Retail Space in High-Traffic Corridor

      Retail space with high visibility and easy highway access.
      14615-14695 W 119Th St, Olathe, KS 66062
      View Details
    • Contact for pricing
      2,465 SF

      Olathe Retail Space For Lease

      Retail opportunities available in Olathe with strong demographics.
      15330 W 119Th St, Olathe, KS 66062
      View Details
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    Olathe, KS 66062-5606
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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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