Marcus & Millichap is pleased to present this 4.35 acres of development ready land at the southwest corner of 167th Street and Mur-Len Rd in Olathe, south Johnson County, KS. Johnson County is the highest tax bracket county is all of Kansas and consistently boast the top-rated schools in the state and is featured in finance publications as one of the “Best Places to Live” in the country. The Average Household Income in a one-mile radius is $118,296.
The land is zoned RP-3 (low density residential) and the city of Olathe will allow 27 units per acres, or 117 in total for either multifamily or senior living. The land can also be utilized for the development of approximately forty-five (45) town homes.
Adjacent to the land is a brand new, high-end day care facility with a strong multi-unit operator, custom built town homes and 35 acres of commercial zoned land which already has plans submitted to the city for development. Additionally, brand new elementary and middle schools are directly across the street. Within a 2-mile radius is a Target, Home Depot, Price Chopper and Hy-Vee along with dozens of restaurants, banks and retail shops
