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Property profile & analytics
OFF-MARKET Estimated value $9,520,000
Distribution centers

21800 167th St Olathe, KS 66062-9646

501,772 SF 70.03 ac lot Built 2006
Entity Owned 2-yr Hold Free & Clear
Property ID
US33-0927229
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Excellerate Industrial Manufacturer Production Facility
  • Faith technologies Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.52M
Owner & transaction history
167 Logistics Centre West LLC · 2 yrs held
167 Logistics Centre West LLC
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
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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