1529 Spruce StOlathe, KS 66061

  • Warehouses
  • 7,460 SF
For Lease
$12/SF/YR View listing

Property Details for 1529 Spruce St

Year built
1975
Construction
FRAME
Lot size
0.70 AC
Property size (Sq ft)
7,460 SF
Zone code
M1
Property type
Warehouses
Property subtype
Self storage facilities
APN
DP69000000 0011
APU
DP690000000011

Description

This exceptional Olathe, Kansas property, located at 1529 E. Spruce St, zip code 66061, offers three flexible industrial suites ideal for a variety of businesses. Situated in the Olathe submarket of Johnson County, this single-story Class B building boasts a total of 6,250 square feet, with a minimum divisible space of 1,250 square feet and a maximum contiguous space of 6,250 square feet. The building features convenient drive-in access with three loading docks, enhancing operational efficiency. Each suite includes built-out office space, providing a comfortable and functional workspace. The building offers a 10-foot ceiling height and is equipped with 3-phase power (150 amps, 240 volts). The property's strategic location near I-35 and 135th St/Santa Fe provides excellent access to major transportation routes. Suite A comprises 3,500 square feet, including 1,250 square feet of office space, and rents for $4,492 per month ($12 PSF + $3.40 NNN). Suite B offers 1,500 square feet, with 500 square feet of office space, renting at $1,925 per month ($12 PSF + $3.40 NNN). Finally, Suite C provides 1,250 square feet, including 200 square feet of office space, for $1,605 per month ($12 PSF + $3.40 NNN). This property presents a compelling opportunity for businesses seeking efficient and well-located industrial space in the thriving Olathe market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,436,879
    Hospitality
    $1,316,173
    Educational
    $1,095,040
    Medical
    $1,132,701
    Retail
    $1,703,396
1529 Spruce St, Olathe, Kansas

Location Insight

City
Olathe
County
Johnson
State
Kansas
Latitude
38.8857
Longitude
-94.7932
CBSA code
28140
CBSA name
KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,614
$38,123
$61,128
$99,251
-
$152,490
$244,510
$397,000

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