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    2300 Lower Silver Lake Rd Topeka, KS 66618

    Sponsored
    For Sale
    $2,275,000

    Five prime industrial tracts, Hwy 24 access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity encompasses five tracts of prime industrial land totaling approximately 66.97 acres in Topeka, Kansas. Strategically located at the Diamond Interchange, offering unparalleled visibility and accessibility to US Highway 24 and proximity to US 75. The property includes a mix of land parcels, each presenting unique development potential. Tract I (16.43 acres) boasts significant frontage on NW Goodyear Rd and US 24, suitable for a large-scale building (up to 100,000 sq ft). Tracts II (13.44 acres) and III (11.3 acres) offer additional contiguous land for expansion or complementary development, sharing common access roads. Tracts IV and V (20.71 and 15.09 acres respectively), located at 2300 NW Lower Silver Lake Rd, include existing structures: a single-family residence, a 6,400 sq ft warehouse, and a commercial greenhouse, providing versatile options for office space, storage, or repurposing. Existing infrastructure includes a 27" sewer interceptor, a large irrigation well, and level, graded land. The R1 zoning allows for a variety of industrial uses. The asking price is $2,275,000, with a price per acre ranging from $25,084 to $53,925.74, reflecting the diverse development potential of this exceptional portfolio. This is an ideal location for warehouse, manufacturing, or distribution facilities, benefiting from excellent highway access and ample space for truck staging.

    Property Features for 2300 Lower Silver Lake Rd

    General Information

    Property type
    Land
    Class
    A
    Lot Size
    492,228 SF

    HighLights

    • 66.97 acres of prime industrial land in Topeka, Kansas, at the Diamond Interchange.
    • Excellent highway access via US‑24 and proximity to US‑75.
    • Five tracts with varying sizes and development potential; one tract offers 100,000 sq ft building potential.
    • Tracts IV & V include a house, 6,400 sq ft warehouse, and greenhouse.
    • Existing infrastructure includes sewer interceptor, irrigation well, and graded land; R1 zoning allows for various industrial uses.
    • Asking price: $2,275,000; price per acre ranges from $25,084 to $53,925.74.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.699581559966
    Latitude
    39.081391336767

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    FAQs

    What type of property is this?
    Land - Five prime industrial tracts, Hwy 24 access
    Where is this land located?
    The property is located at 2300 Lower Silver Lake Rd Topeka, KS.
    What is the asking price?
    The asking price for this property is $2,275,000.
    What are key features of this property?
    This property features: 66.97 acres of prime industrial land in Topeka, Kansas, at the Diamond Interchange.; Excellent highway access via US-24 and proximity to US-75.; Five tracts with varying sizes and development potential; one tract offers 100,000 sq ft building potential.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2300 Lower Silver Lake Rd Topeka, KS 66618
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