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Property profile & analytics
OFF-MARKET Estimated value $510,000
Super regional malls

16110 135th St Olathe, KS 66062-1517

5,256 SF 1.01 ac lot Built 1997
Entity Owned 6-yr Hold Free & Clear
Property ID
US33-0287727
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving city of Olathe, Kansas. Located at 16110 W 135th St, this single-tenant retail space boasts a generous 5,256 square feet situated on a 1.01-acre lot. The property's previous use as an Applebee's restaurant provides a solid foundation for a variety of potential uses, making it an attractive option for both established businesses and new ventures. Its prime location in Johnson County, Kansas, ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access to major roadways. The property's zoning and permitted uses should be verified independently. The ample land area offers potential for expansion or outdoor amenities, adding further value to this already desirable location. The property is ready for immediate occupancy, presenting a streamlined transition for prospective buyers. Detailed property records and site plans are available upon request. This is an excellent chance to acquire a well-positioned commercial property in a dynamic and growing market. The zip code is 66062.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1997
Construction FRAME
Total area 5,256 SF
Lot 1.01 ac (43,996 SF)
Zoning code CP1
APN DP36330000 0002A
UPID US33-0287727
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
  • Applebee's Grill + Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$490k
Blend (final) Blend
$510k
Owner & transaction history
3bs Oaks LLC · 6 yrs held
3bs Oaks LLC
since 2020
3 recorded transactions
2020
Price N/A
2011
Price N/A
2007
Price N/A
Zoning & alternative use
CP1 · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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