18555 151St St Olathe, KS 66062
- Grocery and convenience stores
- 41,092 SF
- 3.96 lot acres
Current Use by Public Records
- KeyMe Locksmiths / Key Duplication Service / Emergency Locksmith Service
- Walmart Baby & Nursery Services / Family Service Center
- Walmart Patio & Garden Services / Landscaper
- Walmart Neighborhood Market / Discount Store / Discount Supermarket
- KeyExpress Locksmiths / Key Duplication Service / Locksmith
Property Details for 18555 151St St
- Year built
- 2013
- Construction
- CONCRETE BLOCKS
- Lot size
- 3.96 lot acres
- Property size
- 41,092 SF
- Property type
- Grocery and convenience stores
- APN
- DP04670000 0004
- APU
- DP046700000004
Description
This exceptional 4.51-acre commercial land parcel presents a unique investment opportunity in the thriving city of Olathe, Kansas. Strategically located at 18555 West 151st Street, this property boasts excellent visibility and accessibility. Situated in Johnson County, this single-tenant site is zoned C-2, Community Center, offering flexibility for a variety of commercial uses, including retail or office development. The "L" shaped lot provides ample space and convenient access from both 151st Street and Brentwood Street. A significant advantage is its proximity to a Walmart Neighborhood Market, averaging an impressive 57,000 monthly visitors, ensuring high foot traffic and potential customer base. Furthermore, the property is directly across from Garmin Headquarters, employing approximately 5,500 people, creating a substantial pool of potential clientele. The location offers easy access to I-35, enhancing its appeal and accessibility. Olathe itself is a highly desirable location, recognized as the fifth-largest city in Kansas and consistently ranked among the safest cities in the United States. Its affluent community and strong economic base, coupled with the presence of numerous national and local retailers, make this a compelling investment prospect for developers seeking a prime location within a rapidly growing area. A monument sign is permitted, further enhancing visibility and branding opportunities. Commercial and residential development continues to expand south of the site, indicating a positive trajectory for future growth and value appreciation.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $975,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,391,000
Market price range: $713k - $3.56M
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Location Insight
- Map
- Local Demand
- City
- Olathe
- County
- Johnson
- State
- Kansas
- Longitude
- -94.7996
- Latitude
- 38.8531
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
