Back to Search
Property profile & analytics
OFF-MARKET
Parking lots & garages
Olathe, KS
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US33-0828358
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1986
Lot
3.93 ac (171,191 SF)
Zoning code
C-3
APN
DP52100000 0001D
UPID
US33-0828358
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
WRL INVESTMENTS
WRL INVESTMENTS
Zoning & alternative use
C-3 · Olathe, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district provides for development of retail, service, entertainment, office, finance and related business uses that have a regional market. This district implements the Regional Commercial Center future land use category of the Comprehensive Plan.
Zone name
Commercial Corridor Business
General category
COMMERCIAL
Zone area
406.97 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,275
Tax year 2023
Assessed value
$27,988
Assessed 2023
Previous assessed
$37,540
-25.4% YoY
Effective rate
11.70%
On assessed value
Assessed land
$20,250
Assessed improvement
$7,738
Land market value
$81,000
Improvement market value
$30,950
Total market value
$111,950
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1986
Heating
NONE
Lot
3.93 ac (171,191 SF)
Zoning code
C-3
APN
DP52100000 0001D
UPID
US33-0828358
Jurisdiction
JOHNSON
Zoning & alternative use
C-3 · Olathe, KSZoning C-3 · permitted uses
C-3 · Olathe, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district provides for development of retail, service, entertainment, office, finance and related business uses that have a regional market. This district implements the Regional Commercial Center future land use category of the Comprehensive Plan.
Zone name
Commercial Corridor Business
General category
COMMERCIAL
Zone area
406.97 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Lot
3.93 ac
Current owner
From public records · entity-resolved
WRL INVESTMENTS
Individual
Mailing address
675 N RAWHIDE DR, OLATHE, KS 66061-3688
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
