Ground-Floor Office
For Sale
Contact for pricing
825 S Kansas Ave, Topeka, KS 66612
C5-zoned office space in Topeka’s central business district offers walking access to civic, hospitality, and dining destinations.
Property Size13,000 SF
Price / SF$134.62
Days on Market204
Property Features for 825 S Kansas Ave
General Information
Standard status
Active
Size
13,000 SF
Property subtype
Office, Retail
Zoning
C5
Additional Details
Floor
Ground Floor
Highway Access
Yes
Building Details
Year Built
2002
Listing Agency:
Kansas Commercial Real Estate Services Inc
Listed By:
Mark Rezac · License #KS 00045158
(785) 272-2525
Source:
Crexi
Added: Mar 26
Changed: Oct 15
Last Checked: Oct 14 at 8:26PM
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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Investment Insights
Based on property information with market context.
These ground-floor office units comprise a listed property size of 13,000 and were built in 2002. The space is positioned along Kansas Avenue within Topeka’s central business district, with visibility and daytime pedestrian activity identified as notable characteristics.
The property sits within walking distance of the Kansas State Capitol, restaurants, hotels, and government offices. Access to I-70 supports connectivity for local visitors and regional commuters.
The property sits within walking distance of the Kansas State Capitol, restaurants, hotels, and government offices. Access to I-70 supports connectivity for local visitors and regional commuters.
Key Highlights
- Ground‑floor office units with a listed property size of 13,000
- C5 zoning
- Built in 2002
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,348
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,960
$1.5M
Cap Rate 7%
$1,076,400
$1.1M
Cap Rate 9%
$837,200
$837.2K
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$117.0K $9.00/SF
− Vacancy
−$9.4K −$0.72/SF
EGI
$107.6K $8.28/SF
− OpEx
−$32.3K −$2.48/SF
NOI
$75.3K $5.80/SF
Area
Topeka, KS
Vacancy
8.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,506,960
Cap Rate 7%
$1,076,400
Cap Rate 9%
$837,200
Alternative Uses
Best Use
Retail
$1.08M
$941.9K – $1.26M
NOI $75,348 @ 7.0% cap · market cap 4.31%
Second Best
Office B
$630.5K
$551.7K – $735.5K
NOI $44,132 @ 7.0% cap · market cap 2.52%
Theoretical Best
Self Storage
$1.47M
$1.28M – $1.71M
NOI $102,648 @ 7.0% cap · market cap 5.87%
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
1,996
Businesses Nearby
Explore this area
Business Placement
Demographics for 66612, KS
2,097
Population
1,541
Households
1.4
Avg Household Size
43
Median Age
16%
College-Educated
86%
High-School Grad
1.1 sq mi
ZIP Area
1,906
Density / Sq Mi
$26,338
Median Household Income
$30,949
Median Earnings
$706
Median Rent
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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?
Office units - C5-zoned office space in Topeka’s central business district offers walking access to civic, hospitality, and dining destinations.
Where is this office units located?
The property is located at 825 S Kansas Ave Topeka, KS.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Ground‑floor office units with a listed property size of 13,000; C5 zoning; Built in 2002
