Executive Office
5855 SW 29th ST Topeka, KS 66614
5855 SW 29th ST, Topeka, KS, 66614
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For Sale
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Executive office condo with multiple offices, reception area, restroom, kitchenette, and HOA-managed exterior and parking upkeep.
Property Size1,230 SF
Price / SF$89.43
Days on Market139
Property Features for 5855 SW 29th ST
General Information
- Standard status
- Active
- Size
- 1,230 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing agency
RE/MAX EK Real Estate
Listed by
Kylie Edington · License #00237405
Source
Crexi
Added: Mar 5 Updated: Jul 21 at 3:45PM Checked: Jul 21 at 3:45PM
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 RE/MAX EK Real Estate
Investment Insights
Based on property information with market context.
This executive office condominium offers a reception area with a waiting room, multiple individual office spaces, a full bathroom, and a kitchenette. The unit also includes a fireplace and built-in bookshelf space, adding character to the professional interior.
Located within the Shadow Woods Office Park at 5855 SW 29th ST in Topeka, KS, the property is supported by an HOA that covers lawn care, snow removal, trash, and maintenance of the parking lot and sidewalks, along with siding, exterior painting, and roof upkeep.
The layout is well-suited for organizations that need dedicated office rooms alongside a front reception area for client-facing interactions.
Located within the Shadow Woods Office Park at 5855 SW 29th ST in Topeka, KS, the property is supported by an HOA that covers lawn care, snow removal, trash, and maintenance of the parking lot and sidewalks, along with siding, exterior painting, and roof upkeep.
The layout is well-suited for organizations that need dedicated office rooms alongside a front reception area for client-facing interactions.
Key Highlights
- 1984‑built executive office condo in Shadow Woods Office Park
- Over 1,200 SF with multiple individual office spaces plus a reception area and waiting room
- Includes a full bathroom and a kitchenette for daily convenience
Local Financial Insights For Office B
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 | $6.8k | $5.52 |
| − Vacancy | −$1.2k | −$0.99 |
| EGI | $5.6k | $4.53 |
| − OpEx | −$1.4k | −$1.13 |
| NOI | $4.2k | $3.39 |
1,230 SF · lease $5.52/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$59.7K
$52.2K – $69.6K
NOI $4,176 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$138.7K
$121.4K – $161.9K
NOI $9,712 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Executive office condo with multiple offices, reception area, restroom, kitchenette, and HOA-managed exterior and parking upkeep.
Where is this office units located?
The property is located at 5855 SW 29th ST Topeka, KS.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 1984‑built executive office condo in Shadow Woods Office Park; Over 1,200 SF with multiple individual office spaces plus a reception area and waiting room; Includes a full bathroom and a kitchenette for daily convenience
