Technical
Financial
Distress signals
Property profile

21800 167th St Olathe, KS 66062

OFF-MARKET
Distribution centers
Property ID
US33-0927229
501,772 SF 70.03 ac lot Built 2006
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 21800 W 167th St in Olathe, Kansas, offers 438,314 square feet of warehouse space available for lease. Situated on a substantial 22.35-acre lot in Johnson County, this single-tenant building presents a unique opportunity for businesses seeking significant space and strategic positioning. The building boasts a 36-foot ceiling height, providing ample vertical storage capacity. Efficient operations are ensured with 36 loading docks and 6 drive-in doors, facilitating seamless loading and unloading. Ample parking is available with 432 car spaces. The property is equipped with robust power infrastructure, featuring a 3,000-amp, 277/480 V electrical service. This prime location in the Johnson County submarket of Olathe (zip code 66062) offers excellent access to major transportation arteries, making it an ideal distribution hub. The property is classified as both industrial and land, offering significant flexibility for potential tenants. The entire building is currently vacant, presenting a blank canvas for a new occupant to customize to their specific needs. This is a rare opportunity to secure a large, well-equipped warehouse in a highly desirable location.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2006
Total area 501,772 SF
Lot 70.03 ac (3,050,507 SF)
APN DP55730000 0001
UPID US33-0927229

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Warehouse & Storage

Location

21800 167th St Olathe, KS 66062-9646
Olathe metro Census 53603 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$9.52M

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2022
Price N/A
2022
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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