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    Property profile & analytics

    500 Park St Olathe, KS 66061-5442

    • Garden apartment buildings
    • 11,474 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 29, 2025
    Location Intelligence
    Property ID
    US33-0161936
    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

    • Garden apartment buildings

    Property Details for 500 Park St

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.55 lot acres
    Property size
    11,474 SF
    Zone code
    R5
    Property type
    Garden apartment buildings
    APN
    DP31000001 0004C
    APU
    DP310000010004C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.8112
    Latitude
    38.8824
    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
    $11,274
    $8,963
    $88,212
    $97,175
    -
    $77,940
    $767,060
    $845,000

    Comparable in this City

    • Value Estimation by Request

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      12368 Roundtree St

      GARDEN APT, COURT APT (5+ UNITS)
      12368 Roundtree St, Olathe, KS 66061-8551
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      8,370 SF

      1001 Poplar St

      GARDEN APT, COURT APT (5+ UNITS) • 8,370 SF
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    • Value Estimation by Request
      11,799 SF

      320 Church St

      GARDEN APT, COURT APT (5+ UNITS) • 11,799 SF
      320 Church St, Olathe, KS 66061-3526
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    • Value Estimation by Request
      6,080 SF

      1558 125th St

      GARDEN APT, COURT APT (5+ UNITS) • 6,080 SF
      1558 125th St, Olathe, KS 66061-5870
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    • Value Estimation by Request
      7,620 SF

      704 Harrison St

      GARDEN APT, COURT APT (5+ UNITS) • 7,620 SF
      704 Harrison St, Olathe, KS 66061
      View Details

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      Prime Olathe acreage, build your dream home.
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      Olathe, KS: 9.55 Acres Land

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    Similar Nearby for Lease

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      Olathe, KS: Prime Retail Space Available
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      Retail space with high visibility near major highway and anchor tenants.
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      6,500 SF

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      Retail space anchored by Bass Pro Shop and Main Event.
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    500 Park St
    Olathe, KS 66061-5442
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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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