Two-Story Warehouse with On-Grade
For Sale
Contact for pricing
400 SE Quincy, Topeka, KS 66603
Two-story warehouse with on-grade access on each level.
Property Size32,470 SF
Price / SF$22.33
Days on Market2423
Property Features for 400 SE Quincy
General Information
Standard status
Active
Size
32,470 SF
Property subtype
Industrial, Mixed Use, Office
Zoning
C5
Building Details
Year Built
1965
Year Renovated
1995
Stories
2
Listing Agency:
Kansas Commercial Real Estate Services Inc
Listed By:
Ed Eller · License #KS 00217859
(785) 272-2525
Source:
Crexi
Added: Feb 18, 2020
Changed: Sep 22
Last Checked: Oct 5 at 5:05PM
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
Investment Insights
Based on property information with market context.
This is a two-story warehouse with on-grade access available on each level. The property is suitable for mixed-use, industrial, and office purposes. The property size is 32470 square feet.
Key Highlights
- Two‑story warehouse offers ample space.
- On‑grade access on each level facilitates easy loading and unloading.
- Warehouse suitable for various industrial or storage purposes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,442
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,840
$1.1M
Cap Rate 7%
$792,029
$792.0K
Cap Rate 9%
$616,022
$616.0K
Market Conditions
NOI Build-Up for 32,470 SF
Gross rent
$70.1K $2.16/SF
− Vacancy
−$4.9K −$0.15/SF
EGI
$65.2K $2.01/SF
− OpEx
−$9.8K −$0.30/SF
NOI
$55.4K $1.71/SF
Area
Topeka, KS
Vacancy
7.00%
Lease Rate
$2.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,840
Cap Rate 7%
$792,029
Cap Rate 9%
$616,022
Alternative Uses
Best Use
Mixed Use
$2.85M
$2.49M – $3.32M
NOI $199,447 @ 7.0% cap · market cap 27.51%
Second Best
Office B
$1.57M
$1.38M – $1.84M
NOI $110,229 @ 7.0% cap · market cap 15.20%
Theoretical Best
Self Storage
$3.66M
$3.20M – $4.27M
NOI $256,383 @ 7.0% cap · market cap 35.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,695
Businesses Nearby
Explore this area
Business Placement
Demographics for 66603, KS
1,569
Population
1,151
Households
1.4
Avg Household Size
38
Median Age
17%
College-Educated
91%
High-School Grad
0.9 sq mi
ZIP Area
1,743
Density / Sq Mi
$38,992
Median Household Income
$25,556
Median Earnings
$593
Median Rent
$91,500
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story warehouse with on-grade access on each level.
Where is this mixed-use property located?
The property is located at 400 SE Quincy Topeka, KS.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two‑story warehouse offers ample space.; On‑grade access on each level facilitates easy loading and unloading.; Warehouse suitable for various industrial or storage purposes.
