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Northwest Of K-7 Hwy & Spruce St

2.78 Acres of Commercial Land Offered at $1,600,000 in Olathe, KS 66061

Investment Highlights

  • Divisible up to two commercial lots with K-7 Hwy/N Parker St frontage
  • Quick, easy access to K-7 Highway
  • Outstanding location on primary highway corridor in western JoCo
  • Just north of Wal-Mart and the busy K-7 Hwy / Santa Fe interchange
  • Fastest growing city in Johnson County and fourth largest in the state
  • Fully developed rough graded lot with detention provided

Executive Summary

51093 - Divisible up to 22,500SF of retail with K-7 Highway frontage. Just north of Wal-Mart in the Stag’s Ridge Development, these lots are in a prime location with high traffic counts. Up to 100 senior/multi-family units and a multi-story self-storage facility or multi-story medical office are planned for the west side of the access street.
The city of Olathe is the county seat for prosperous Johnson County. It was founded in 1857 and flourished as a trailhead for the Santa Fe, California, and Oregon Trails. It became a modern day transportation center with construction of Interstate 35, K-56, K-10 and K-7 Highways

It is now the fourth largest city in the state of Kansas and one of the fastest growing cities in the nation. It is home to Garmin International, Honewell, Grundfos, ALDI, Husqvarna, and Farmers Insurance, as well as the Johnson County Executive Airport. A recent addition is the Kansas State University Innovation Campus on College Boulevard focused on protecting the safety of America’s food supply.

Attachments

51093

Property Facts

Price $1,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 2.78 AC

1 Lot Available

Lot

Price $1,600,000
Price Per AC $575,540
Lot Size 2.78 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
DP71860000-0002
Land Assessment
$108
Improvements Assessment
$0
Total Assessment
$108

zoning

Zoning Code C3
C3
  • Listing ID: 14074769

  • Date on Market: 10/15/2018

  • Last Updated:

  • Address: Northwest Of K-7 Hwy & Spruce St, Olathe, KS 66061

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