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Vehicle Maintenance Warehouse
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123 NW Jackson St, Topeka, KS 66603

Warehouse with vehicle maintenance infrastructure, three drive-in doors, and walled outside storage totaling 4,700± SF.

Property Size4,332 SF
Lot Size0.26 Acres
Price / SF$51.94
Days on Market557

Property Features for 123 NW Jackson St

General Information

Standard status Active
Size 4,332 SF
Lot size 0.26 Acres
Property subtype INDUSTRIAL
Zoning D-3

Site & Location

Neighborhood Downtown Topeka
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 18 ft
Drive-In Doors 3
Heavy Power Yes

Building Details

Year Built 1900
Year Renovated 2023
Listing Agency: Colliers | Kansas City
Listed By: Doug Hedrick, SIOR, CCIM
Source: Moodyscre
Added: Apr 23, 2025 Changed: Oct 25 Last Checked: Oct 30 at 5:01PM

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 Colliers | Kansas City

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This vehicle maintenance and warehouse building offers a total building area of 4,332± SF with loading served by three drive-in doors. The space features clear height ranging from 15'2" to 18', with 3-phase, 220V electrical service. Outside storage includes 4,700± SF of walled area.

The property sits on a 0.26± acre site and is zoned D-3 (Downtown Mixed-Use District), supporting a mixed-use context within the downtown area.

Built in 1900 and updated in 2023, the facility is equipped to accommodate warehouse and vehicle-related operations with drive-in access and dedicated outdoor storage.

Key Highlights

  • Vehicle maintenance & warehouse building with 4,332± SF total building area
  • 3 drive‑in loading doors plus clear height of 15'2" to 18'
  • Outside storage area totals 4,700± SF and is walled

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,397
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$147,940 $147.9K
Cap Rate 7%
$105,671 $105.7K
Cap Rate 9%
$82,189 $82.2K
Market Conditions
NOI Build-Up for 4,332 SF
Gross rent
$9.4K $2.16/SF
− Vacancy
−$655 −$0.15/SF
EGI
$8.7K $2.01/SF
− OpEx
−$1.3K −$0.30/SF
NOI
$7.4K $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%
$147,940
Cap Rate 7%
$105,671
Cap Rate 9%
$82,189

Alternative Uses

Best Use
Warehouse
$105.7K
$92.5K – $123.3K (±1% cap)
NOI $7,397 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$488.6K
$427.6K – $570.1K (±1% cap)
NOI $34,205 @ 7.0% cap · market cap 15.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Grocery & Convenience Store Garden Center Veterinary Clinic

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

Lease Details

18 ft
Clear height
3
Drive-in doors
Yes
Heavy power
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby
Well-served
Demand for This Use

Demographics for 66603, KS

1,569
Population
1,151
Households
1.4
Avg Household Size
38
Median Age
17%
College-Educated
91%
High-School Grad
0.9 sq mi
ZIP Area
1,743
Density / Sq Mi
$38,992
Median Household Income
$25,556
Median Earnings
$593
Median Rent
$91,500
Median Home Value
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

Similar Off Market Nearby

  • 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
  • Valley Self-Storage — 107 SE Madison St, Topeka, KS 66607
  • Topeka Cold Storage — 110 e 1st ave, topeka, ks 66603

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse with vehicle maintenance infrastructure, three drive-in doors, and walled outside storage totaling 4,700± SF.
Where is this warehouse located?
The property is located at 123 NW Jackson St Topeka, KS.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Vehicle maintenance & warehouse building with 4,332± SF total building area; 3 drive‑in loading doors plus clear height of 15'2" to 18'; Outside storage area totals 4,700± SF and is walled
(913) 205-7359 Call to check price and availability
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