108 Cedar StOlathe, KS 66061

Property Details for 108 Cedar St

Year built

1968

Construction

FRAME

Lot size

0.61 AC

Property size (Sq ft)

7,871 SF

Zone code

CP9

Property type

Automotive properties

APN

DP52000062 0013

APU

DP520000620013

Description

This exceptional 2,029 square foot creative office space is located at 108 W Cedar St in Olathe, Kansas, zip code 66061. The property, built in 1920 and extensively renovated in 2018, boasts a unique blend of historical charm and modern functionality. Classified as a Class B building, it offers a single-tenant occupancy within a 2-story structure situated on a 0.13-acre lot. The building's C-1 zoning provides flexibility for a variety of uses. Ample parking is available with 5 spaces provided on-site. The property's address is 108 W Cedar St, Olathe, KS 66061, and its APN is DP52000061-0027. This is a rare opportunity to acquire a well-maintained, historically significant commercial property in a thriving Kansas City suburb. The building's creative office subtype makes it ideal for businesses seeking a unique and inspiring workspace. The single-tenant occupancy offers simplicity and control, while the convenient location provides easy access to local amenities and transportation routes. This property is perfect for a business seeking a distinctive and functional space with a rich history. The combination of historical character and modern updates makes this a truly unique investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,947,013

  6.5%

  $1,797,243

  7%

  $1,668,868

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,418,792

  Geo Method

  $1,418,792

• Alternative Use

  Use

  Valuation

  Residential

  $1,516,042

  Hospitality

  $1,388,686

  Educational

  $1,155,370

  Medical

  $1,195,106

  Retail

  $1,797,243

Location Insight

City

Olathe

County

Johnson

State

Kansas

Latitude

38.8794

Longitude

-94.819

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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