400 Dennis Ave -Olathe, KS 66061

Property Details for 400 Dennis Ave -

Lot size

23.11 AC

Zone code

M2

Property type

Industrial properties

APN

DF231335-4057

APU

DF2313354057

Description

This exceptional 16.68-acre industrial land parcel, designated Lot 5 in the Olathe Commerce Park, presents a compelling investment opportunity. Located at 400 W Dennis Avenue in Olathe, Kansas (zip code 66061), this property boasts an M-2 (General Industrial) zoning designation, allowing for a wide range of industrial uses. Situated within an Opportunity Zone, this site offers significant tax advantages. The property benefits from a new ownership structure and is part of a master-planned industrial park, ensuring a well-maintained and strategically developed environment. Preliminary plans are available, and the site is ideally positioned for outside storage. Multiple access points to Interstate 35 provide excellent connectivity and logistics advantages. There are no special assessments levied against the property. A master resolution is in place, offering a 50% tax abatement over 10 years, further enhancing the financial appeal. Build-to-suit opportunities are available, allowing for customized development to meet specific business needs. The potential for a rail spur adds to the property's versatility and logistical capabilities. Utilities are readily available at the site. This infill location offers immediate access to a thriving industrial corridor. This is a rare opportunity to acquire a prime industrial land parcel in a rapidly growing area.

• Alternative Use

  Use

  Valuation

  Residential

  $193,896,176

  Hospitality

  $177,607,856

  Educational

  $147,767,648

  Medical

  $152,849,600

  Retail

  $229,860,784

Location Insight

City

Olathe

County

Johnson

State

Kansas

Latitude

38.8745

Longitude

-94.8238

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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