Finished Office Space For
For Sale
Contact for pricing
5885 Southwest 29th Street, Topeka, KS 66614
810 SF finished office space ready for occupancy.
Property Size810 SF
Price / SF$83.33
Days on Market225
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 5885 Southwest 29th Street
General Information
Standard status
Active
Size
810 SF
Total Parking Spaces
3
Property subtype
Office
Zoning
Office
Investment Type
Owner/User
Building Details
Year Built
1984
Units
1
Listing Agency:
Reecenichols Topeka Elite LLC
Listed By:
Andre Mehrens · License #KS S00224205
Source:
Crexi
Added: Mar 4
Changed: Oct 2
Last Checked: Oct 14 at 8:24PM
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 Reecenichols Topeka Elite LLC
Investment Insights
Based on property information with market context.
This 810 square foot finished office space presents an opportunity for professionals seeking their own office. The space is located on the lower level of a building and features windows that provide natural light. It is ready for occupancy and includes desks, storage shelves, and file cabinets, which the seller is willing to leave. Parking is available.
Key Highlights
- 810 sq ft finished office space ready for occupancy
- Ideal for work‑from‑home professionals or business owners
- Includes desks, storage shelves, and file cabinets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,750
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$55,000
$55.0K
Cap Rate 7%
$39,286
$39.3K
Cap Rate 9%
$30,556
$30.6K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$4.5K $5.52/SF
− Vacancy
−$805 −$0.99/SF
EGI
$3.7K $4.53/SF
− OpEx
−$917 −$1.13/SF
NOI
$2.7K $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%
$55,000
Cap Rate 7%
$39,286
Cap Rate 9%
$30,556
Alternative Uses
Best Use
Office B
$39.3K
$34.4K – $45.8K
NOI $2,750 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$91.4K
$80.0K – $106.6K
NOI $6,396 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - 810 SF finished office space ready for occupancy.
Where is this office units located?
The property is located at 5885 Southwest 29th Street Topeka, KS.
What is the asking price?
The asking price for this property is $67,500.
What are key features of this property?
This property features: 810 sq ft finished office space ready for occupancy; Ideal for work‑from‑home professionals or business owners; Includes desks, storage shelves, and file cabinets
