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    115 SW 29Th St Topeka, KS 66605

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    For Sale
    $4,300,000

    Four-tenant shopping center with longstanding tenants and development opportunities.

    Property size:
    93,039 SF
    Lot size:
    8.19 Acres

    Property Features for 115 SW 29Th St

    General Information

    Size
    93,039 SF
    Lot size
    8.19 Acres

    Source: Block & Company, Inc. Agent Daniel Brocato

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery Anchored Shopping Center

    This is a four-tenant shopping center anchored by a grocery store. The 93,039 square-foot shopping center is situated on 8.18 acres. The property features longstanding tenants Aldi, Dollar Tree, Capitol City Outlet, and Washburn Academy of Cosmetics. Pad site opportunities are available for development. The shopping center is well maintained with local ownership. Additional income is generated from an ATM and an annual fireworks stand. The location benefits from traffic counts exceeding 21,973 cars per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar Tree Grocery Store Garrett's Fireworks Fireworks Store CapCityOutlet Discount Store Bitstop Bitcoin ATM Crypto Atm Coin Cloud Bitcoin ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Country Club Shopping Center, Solo Peru, Holliday Square Shopping Center, Coin Cloud Bitcoin ATM, Highland Crest Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6832344
    Latitude
    39.0141018

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    FAQs

    What type of property is this?
    Shopping center - Four-tenant shopping center with longstanding tenants and development opportunities.
    Where is this shopping center located?
    The property is located at 115 SW 29Th St Topeka, KS.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Attractive 9% CAP rate on existing income; - Grocery anchored shopping center with longstanding tenants Aldi and Dollar Tree; - 93,039 SF on 8.18 acres
    (816) 753-6000
    Request Owner's contact information
    115 SW 29Th St Topeka, KS 66605
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    Topeka, KS 66605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 SW 29Th St Topeka, KS 66605
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