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    1020 Fairlawn Rd Topeka, KS 66604

    For Sale
    $750,000

    6,172 SF Office, Great Location, $750K

    Property size:
    6,172 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 6,172 square foot office building, situated at 1020 SW Fairlawn Rd in Topeka, Kansas, presents a compelling investment opportunity. Built in 2000, this single-story structure is zoned OI1 and sits on a generous 37,940 square foot lot. Currently configured for medical use, the building offers significant flexibility for a variety of office uses. The property boasts ample parking, easily accessible from Fairlawn Road, providing convenient access for patients and staff. Its strategic location offers quick access to major transportation arteries, including I-70 and Highway 75, ensuring seamless commutes. Furthermore, the building's proximity to Wanamaker Road provides employees and clients with easy access to a wide array of retail shopping and dining options. This well-maintained property represents a rare opportunity to acquire a versatile and strategically located office building in a thriving area of Topeka. The asking price is $750,000. This property is ideal for medical practices, traditional office spaces, or a combination thereof. The large lot size also allows for potential expansion or future development.

    Property Features for 1020 Fairlawn Rd

    General Information

    Property type
    Medical offices
    Square Feet
    6,172 SF

    Building Details

    Year Built
    2000
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pelvic Health Specialists Nurse Practitioner Brooke Martinez Nurse Practitioner Kansas Pharmacists Association Non-Profit Organization Cathy Dahl, DO Obstetrician-Gynecologist Kansas Health Information Health Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.743101197767
    Latitude
    39.049894438016

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    FAQs

    What type of property is this?
    Medical office - 6,172 SF Office, Great Location, $750K
    Where is this medical office located?
    The property is located at 1020 Fairlawn Rd Topeka, KS.
    What is the asking price?
    The asking price for this property is $750,000.
    Request Owner's contact information
    1020 Fairlawn Rd Topeka, KS 66604
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    Topeka, KS 66604
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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
    1020 Fairlawn Rd Topeka, KS 66604
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