Mixed-Use Property with
4105 SW 29th ST, Topeka, KS 66614
For Sale
New
Contact for pricing
A separate-entry residence occupies the upper floor above commercial offices and adaptable workspace.
Property Size2,141 SF
Price / SF$163.45
Days on Market7
Property Features for 4105 SW 29th ST
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Floor
Property Use
Building Details
Buildings
Stories
Listing Agency:
NextHome Professionals
Listed By:
Seth Froese · License KS #232658
Source:
Crexi
Added: Nov 4
Changed: Nov 9
Last Checked: Nov 9 at 1:47PM
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 NextHome Professionals
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Investment Insights
Based on property information with market context.
The property combines a street-level business suite with a two-bedroom, one-bath apartment upstairs. The 2,141-square-foot main floor includes four private offices, two restrooms, a 20' x 27' reception area, and an 18' x 38' flex area. The apartment has a private exterior entrance, custom wood cabinetry, hard-surface countertops, and appliances included in the sale.
Located on SW 29th Street, the property is one block from Gage Boulevard and near the VA Medical Center. The arrangement brings office and residential space together in one property, with distinct access to the upstairs apartment.
Located on SW 29th Street, the property is one block from Gage Boulevard and near the VA Medical Center. The arrangement brings office and residential space together in one property, with distinct access to the upstairs apartment.
Key Highlights
- 2,141‑square‑foot main level with four private offices and two restrooms
- 18' x 38' flex area and 20' x 27' reception space
- Upstairs apartment has 2 bedrooms, 1 bathroom, and a private exterior entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,151
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,020
$263.0K
Cap Rate 7%
$187,871
$187.9K
Cap Rate 9%
$146,122
$146.1K
Market Conditions
NOI Build-Up for 2,141 SF
Gross rent
$23.1K $10.80/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$21.0K $9.83/SF
− OpEx
−$7.9K −$3.69/SF
NOI
$13.2K $6.14/SF
Area
Topeka, KS
Vacancy
9.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,020
Cap Rate 7%
$187,871
Cap Rate 9%
$146,122
Alternative Uses
Best Use
Mixed Use
$187.9K
$164.4K – $219.2K
NOI $13,151 @ 7.0% cap · market cap 3.76%
Second Best
Office B
$103.8K
$90.9K – $121.1K
NOI $7,268 @ 7.0% cap · market cap 2.08%
Theoretical Best
Self Storage
$241.5K
$211.3K – $281.8K
NOI $16,905 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
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Business Placement
Demographics for 66614, KS
31,332
Population
15,273
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,300
Density / Sq Mi
$70,419
Median Household Income
$47,871
Median Earnings
$995
Median Rent
$181,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A separate-entry residence occupies the upper floor above commercial offices and adaptable workspace.
Where is this mixed-use property located?
The property is located at 4105 SW 29th ST Topeka, KS.
What is the asking price?
The asking price for this property is $349,950.
What are key features of this property?
This property features: 2,141‑square‑foot main level with four private offices and two restrooms; 18' x 38' flex area and 20' x 27' reception space; Upstairs apartment has 2 bedrooms, 1 bathroom, and a private exterior entrance
