1435 SE Madison ST Topeka, KS 66607
COMMERCIAL - Topeka, KS
Property Features for 1435 SE Madison ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- I-1 Light Industrial
- Parking
- 8
- Standard status
- Active
- APN
- R33044
Taxes and HOA fees
- Tax Description
- To Appear on Deed
- Tax Annual Amount
- 4343
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1920
Listing agent Tyler Frank License #SP00237237 (785) 215-9513
Listing office Platinum Realty LLC 9393 West 110th St Suite 170, Overland Park, KS (888) 220-0988
Listing date Jun 4, 2026
Copyright © 2026 Sunflower Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The warehouse sits on a corner lot with frontage on two sides, supporting convenient access and visibility from multiple directions. The location is described as just a few blocks from the I-70 entrance and the downtown area.
Zoned I-1 Light Industrial, the property offers a straightforward warehouse configuration with key improvements already in place, including the loading dock and the upstairs loft.
Key Highlights
- Built in 1920 with natural gas available, public water, and public sewer
- Over 3,200 SF warehouse space suitable for rental investment or owner‑occupant use
- Corner lot with frontage on 2 sides plus a garage space
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.9k | $2.16 |
| − Vacancy | −$484 | −$0.15 |
| EGI | $6.4k | $2.01 |
| − OpEx | −$964 | −$0.30 |
| NOI | $5.5k | $1.71 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 710 SE 8th Ave, Topeka, KS 66607
- AEOLIAN Mini-Warehouse & Storage — 1000 SE 10th Ave #1, Topeka, KS 66612
- Topeka Terminal LLC — 610 SE 10th Ave, Topeka, KS 66607
