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Topeka Warehouse Space Available
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907 SW 6th Ave, Topeka, KS

Warehouse space for rent featuring office and restroom facilities.

Property Size5,652 SF
Lot Size0.30 Acres
Price / SF$32.73
Days on Market1298

Property Features for 907 SW 6th Ave

General Information

Standard status Active
Size 5,652 SF
Lot size 0.30 Acres
Property subtype INDUSTRIAL
Listing Agency: Steve Ballou Real Estate LLC
Listed By: Steve Ballou
Source: Moodyscre
Added: Mar 21, 2023 Changed: Jul 6 Last Checked: Oct 7 at 2:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steve Ballou Real Estate LLC

Investment Insights

Based on property information with market context.

This property offers warehouse space with an office/reception area of 552 square feet. The property includes two restrooms and features a ceiling height of 14 feet. The total property size is 5,652 square feet.

Key Highlights

  • Office/Reception Area: 552 sq. ft.
  • Benefit from the expansive feel of the 14' Ceiling Height
  • 2 Restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,651
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,020 $193.0K
Cap Rate 7%
$137,871 $137.9K
Cap Rate 9%
$107,233 $107.2K
Market Conditions
NOI Build-Up for 5,652 SF
Gross rent
$12.2K $2.16/SF
− Vacancy
−$855 −$0.15/SF
EGI
$11.4K $2.01/SF
− OpEx
−$1.7K −$0.30/SF
NOI
$9.7K $1.71/SF
Area
Topeka, KS
Vacancy
7.00%
Lease Rate
$2.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,020
Cap Rate 7%
$137,871
Cap Rate 9%
$107,233

Alternative Uses

Best Use
Warehouse
$137.9K
$120.6K – $160.9K (±1% cap)
NOI $9,651 @ 7.0% cap · market cap 5.22%
Second Best
Industrial
$112.3K
$98.3K – $131.0K (±1% cap)
NOI $7,862 @ 7.0% cap · market cap 4.25%
Theoretical Best
Self Storage
$637.5K
$557.9K – $743.8K (±1% cap)
NOI $44,628 @ 7.0% cap · market cap 24.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Shawnee County Coating Powder Coating Service

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Bakery Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,894
Businesses Nearby
Well-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • AEOLIAN Mini-Warehouse & Storage — 1000 SE 10th Ave #1, Topeka, KS 66612
  • ULockStore - Cheap Self Storage Units Topeka KS — 828 SW Fillmore St, Topeka, KS 66606
  • A&A Mini Storage — 200 SW Jackson St, Topeka, KS 66603
  • Fairview Mills — Topeka, KS 66603
  • Bailey Moving & Storage — 200 SW Jackson St A, Topeka, KS 66603

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space for rent featuring office and restroom facilities.
Where is this warehouse located?
The property is located at 907 SW 6th Ave Topeka, KS.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Office/Reception Area: 552 sq. ft.; Benefit from the expansive feel of the **14' Ceiling Height**; 2 Restrooms
(785) 224-0603 Call to check price and availability
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