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    Property profile & analytics

    20120 153rd St Olathe, KS 66062-9131

    • Strip malls
    • 25,682 SF
    • 2.82 lot acres
    OFF-MARKET
    Value Estimation
    $955,000
    Last Sale
    Nov 10, 2021
    Location Intelligence
    Property ID
    US33-0547438
    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

    • Panera Bread / Takeout Restaurant / Salad Shop

    Property Details for 20120 153rd St

    Year built
    2005
    Construction
    FRAME
    Lot size
    2.82 lot acres
    Property size
    25,682 SF
    Zone code
    CP-2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    DP13690000 0002
    APU
    DP136900000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $925,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,210,000
      6.5%
      $1,095,000
      7%
      $1,120,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,130,000
      Geo Method
      $1,060,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,230,000
      Retail
      $1,130,000
      Mixed-Use
      $1,390,000
      Hospitality
      $1,150,000
      Educational
      $1,355,000
      Residential Income
      $1,100,000
      Energy
      $1,410,000
      Income-Based Land
      $1,215,000
      Food Service
      $1,240,000

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8185
    Latitude
    38.8515
    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
    $157,505
    $276,800
    $1,069,200
    $1,346,000
    -
    $1,107,200
    $4,276,800
    $5,384,000

    Comparable in this City

    • Value Estimation by Request
      13,732 SF

      16509 Bradley Dr

      SHOPPING CENTER, STRIP CENTER • 13,732 SF
      16509 Bradley Dr, Olathe, KS 66062
      View Details
    • Value Estimation by Request
      2,601 SF

      12740 Pflumm Rd

      SHOPPING CENTER, STRIP CENTER • 2,601 SF
      12740 Pflumm Rd, Olathe, KS 66062-3664
      View Details
    • Value Estimation by Request
      4,131 SF

      12730 Pflumm Rd

      SHOPPING CENTER, STRIP CENTER • 4,131 SF
      12730 Pflumm Rd, Olathe, KS 66062-3664
      View Details
    • Value Estimation by Request
      11,340 SF

      1295 151st St

      SHOPPING CENTER, STRIP CENTER • 11,340 SF
      1295 151st St, Olathe, KS 66062-3406
      View Details
    • Value Estimation
      $940,000
      16,540 SF

      18569 151st St

      SHOPPING CENTER, STRIP CENTER • 16,540 SF
      18569 151st St, Olathe, KS 66062
      View Details
    • Value Estimation
      $720,000
      8,561 SF

      15014 Blackbob Rd

      SHOPPING CENTER, STRIP CENTER • 8,561 SF
      15014 Blackbob Rd, Olathe, KS 66062-2663
      View Details

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    Similar Nearby for Lease

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    • $21 SF/Yr
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      Retail Space in Grocery-Anchored Center

      Retail spaces available in a high-traffic, grocery-anchored shopping center.
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      Retail Space in High-Traffic Corridor

      Retail space with high visibility and easy highway access.
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      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 66062-9131
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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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