901 Loula StOlathe, KS 66061

Property Details for 901 Loula St

Year built

1986

Construction

FRAME

Lot size

0.20 AC

Property size (Sq ft)

1,788 SF

Zone code

RP3

Property type

Office properties

APN

DP10000022 0008A

APU

DP100000220008A

Description

This exceptional 2,200-square-foot freestanding office building, located at 901 E Loula St in Olathe, Kansas (zip code 66061), presents a unique opportunity. Built in 1986 and renovated in 2007, the property sits on a 0.2-acre lot (8,866 square feet) and offers convenient access to Downtown Olathe, Santa Fe Street, and I-35. The building is currently vacant and available for lease as a single tenancy. The space is versatile, suitable for various office uses including medical, traditional, and executive office settings. Features include a reception area, a conference/break room, two private offices, and open space ideal for cubicles. Ample parking is provided with a total of eight spaces, two of which are covered in a carport. The property is zoned CP-0 and does not include elevators. This well-maintained building offers a fantastic opportunity for a business seeking a convenient and functional office space in a desirable Olathe location.

• CAP approach

  CAP return

  Valuation

  6%

  $300,877

  6.5%

  $277,733

  7%

  $257,895

• Comparable approach

  Method

  Valuation

  Relative Method

  $127,896

  Geo Method

  $127,896

• Alternative Use

  Use

  Valuation

  Residential

  $344,389

  Hospitality

  $315,458

  Educational

  $262,457

  Medical

  $271,484

  Retail

  $408,267

Location Insight

City

Olathe

County

Johnson

State

Kansas

Latitude

38.8804

Longitude

-94.8025

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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