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Property profile & analytics
OFF-MARKET
Industrial properties

16560 Indian Crk Pkwy Olathe, KS 66062-1370

875 SF 2.74 ac lot Built 2002
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US33-1028501
Property summary
AI-generated overview

This exceptional 2.74-acre commercial land parcel, located at 16560 Indian Creek Parkway in Olathe, Kansas, presents a unique development opportunity. The property boasts a sizable 119,316 square feet of flat, buildable land, ideally situated within a thriving community. Its strategic location offers excellent visibility and accessibility, surrounded by a mix of residential, multifamily, and office buildings. This ensures a strong potential for attracting a diverse range of businesses and clientele. The property is zoned for office use, providing flexibility for various development plans. A recent county appraisal valued the land at $410,000, significantly exceeding the current asking price of $240,000, representing a compelling investment opportunity. The address is 16560 Indian Creek Parkway, Olathe, KS 66062, within Johnson County. This prime location offers easy access to major transportation routes and amenities, making it an attractive proposition for developers and investors seeking a high-return investment in a rapidly growing area. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. Don't miss this chance to acquire a valuable commercial land asset in a desirable Olathe location at a significantly discounted price.

Property profile
Verified
Property type Industrial properties
Use group CONSTRUCTION/CONTRACTING SERVICES
Year built 2002
Construction FRAME
Total area 875 SF
Lot 2.74 ac (119,354 SF)
APN DP41480000 003A1
UPID US33-1028501
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
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
Prime Property Options LLC · 1 yrs held
Prime Property Options LLC
since 2025
2 recorded transactions
2025
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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