Finished Office Space For
5885 Southwest 29th Street Topeka, KS 66614
For Sale
Contact for pricing
810 SF finished office space ready for occupancy.
Property Size810 SF
Price / SF$86.42
Days on Market144
Property Features for 5885 Southwest 29th Street
General Information
- Standard status
- Active
- Size
- 810 SF
- Property subtype
- Office
Building Details
- Year Built
- 1984
Listing Agency:
Reecenichols Topeka Elite LLC
Listed By:
Andre Mehrens · License #KS S00224205
Source:
Crexi
Added: Mar 4
Changed: Jul 6
Last Checked: Jul 25 at 12:17PM
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 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 | $4.5k | $5.52 |
| − Vacancy | −$805 | −$0.99 |
| EGI | $3.7k | $4.53 |
| − OpEx | −$917 | −$1.13 |
| NOI | $2.7k | $3.39 |
810 SF · lease $5.52/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$39.3K
$34.4K – $45.8K
NOI $2,750 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$91.4K
$80.0K – $106.6K
NOI $6,396 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
C & S Services
Accounting Firm
WRS Accounting & Computing
Accounting Firm
FAQs
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 $70,000.
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
