Remodeled Office
For Sale
Contact for pricing
5841 SW 29th St, Topeka, KS 66614
Office suite in a well-located building near the Wanamaker corridor with 2024 interior remodel and surface parking.
Property Size1,150 SF
Price / SF$73.91
Days on Market274
Property Features for 5841 SW 29th St
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Office
Zoning
PUD, M2
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
1984
Year Renovated
2017
Listing Agency:
Kansas Commercial Real Estate Services Inc
Listed By:
Mike Morse, SIOR · License #KS SP00046992
Source:
Crexi
Added: Jan 23
Changed: Oct 4
Last Checked: Oct 23 at 7:15AM
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 Kansas Commercial Real Estate Services Inc
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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 for-sale office suite is located within a well-located office building in southwest Topeka. The space has an interior remodel completed in 2024, making it a strong option for an owner-user or an investor seeking a turn-key suite within the building.
Surface parking is available, and the property provides easy access to I-470. Monthly association fees are $325 per month.
The suite is positioned for visibility and convenience within the office building setting, supported by straightforward access from the surrounding road network.
Surface parking is available, and the property provides easy access to I-470. Monthly association fees are $325 per month.
The suite is positioned for visibility and convenience within the office building setting, supported by straightforward access from the surrounding road network.
Key Highlights
- Office suite in a well‑located office building near the Wanamaker corridor in southwest Topeka
- Interior remodel completed in 2024
- Surface parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,904
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$78,080
$78.1K
Cap Rate 7%
$55,771
$55.8K
Cap Rate 9%
$43,378
$43.4K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$6.3K $5.52/SF
− Vacancy
−$1.1K −$0.99/SF
EGI
$5.2K $4.53/SF
− OpEx
−$1.3K −$1.13/SF
NOI
$3.9K $3.39/SF
Area
Topeka, KS
Vacancy
18.00%
Lease Rate
$5.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$78,080
Cap Rate 7%
$55,771
Cap Rate 9%
$43,378
Alternative Uses
Best Use
Office B
$55.8K
$48.8K – $65.1K
NOI $3,904 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$129.7K
$113.5K – $151.3K
NOI $9,080 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
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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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite in a well-located building near the Wanamaker corridor with 2024 interior remodel and surface parking.
Where is this office unit located?
The property is located at 5841 SW 29th St Topeka, KS.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Office suite in a well‑located office building near the Wanamaker corridor in southwest Topeka; Interior remodel completed in 2024; Surface parking available
