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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Warehouses
19000 158th St Olathe, KS 66062-8026
Individually Owned
Free & Clear
Property ID
US33-0416226
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2003
Construction
CONCRETE BLOCKS
Total area
36,090 SF
Lot
4.59 ac (199,940 SF)
Zoning code
M-2
APN
DP42370000 0017
UPID
US33-0416226
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
-
Hans Weber Sales & Services Industrial Manufacturer
-
Riffe Custom Builders, LLC Construction Company General Contractor
-
True Turf, LLC Landscaping General Contractor
-
Erie Home Roofing Company General Contractor
-
FDE Wellness (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.48M
Owner & transaction history
Christopher J Irish
Christopher J Irish
since 2025
7 recorded transactions
Zoning & alternative use
M-2 · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+50.2%
Auto repair, garage
$2.4M
+48.0%
Retail stores
$2.1M
+30.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Olathe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olathe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,615,000
Current use
COMMERCIAL (GENERAL)
$2,425,000
Change: +50% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,390,000
Change: +48% · Conversion: Easy
RETAIL STORES
$2,115,000
Change: +31% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,630,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$91,946
Tax year 2023
Assessed value
$785,750
Assessed 2023
Previous assessed
$765,500
+2.6% YoY
Effective rate
11.70%
On assessed value
Assessed land
$175,040
Assessed improvement
$610,710
Land market value
$700,160
Improvement market value
$2,442,840
Total market value
$3,143,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
7
Total area
36,090 SF
Lot
4.59 ac (199,940 SF)
Zoning code
M-2
APN
DP42370000 0017
UPID
US33-0416226
Jurisdiction
JOHNSON
Zoning & alternative use
M-2 · Olathe, KS
Zoning M-2 · permitted uses
M-2 · Olathe, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Olathe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Stories
1
Units
7
Lot
4.59 ac
Current owner
From public records · entity-resolved
Christopher J Irish
Individual
Free & Clear · 0 yrs held
Mailing address
8826 SANTA FE DR STE #300, OVERLAND PARK, KS 66212-3672
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2025
—
Christopher J Irish
Martens Family Enterprises INC
Warranty Deed
—
Oct 20, 2025
—
Janae Price
Martens Family Enterprises INC
Warranty Deed
—
Sep 8, 2025
—
Smg Buildco LLC
Martens Family Enterprise INC
Warranty Deed
—
Sep 5, 2025
—
Patrick Nelson
Martens Family Enterprises INC
Warranty Deed
—
Aug 22, 2025
—
Andrew R Griffin
Martens Family Enterprises INC
Warranty Deed
—
Aug 14, 2025
—
Jennifer Saathoff
Martens Family Enterprises INC
Warranty Deed
—
Aug 12, 2025
—
Jonathan Daniel Peuchen
Martens Family Enterprises INC
Warranty Deed
—
Jul 29, 2025
—
Tricia L Ebeling
Martens Family Enterprises INC
Warranty Deed
—
Jun 2, 2017
—
Pi Olathe Industrial Portfolio LLC
Riffe Construction Co
Special Warranty Deed
$7,000,000 · Ameritas Life Insurance Corporation
Apr 2, 2014
—
Riffe Construction Co
City Of Olathe
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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