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    1100 Rice Rd Topeka, KS 66607

    For Sale
    $299,900

    5.85-Acre I-70 Industrial Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 5.85-acre industrial land parcel, located at the southeast corner of SE Rice Rd and SE Sycamore Dr in Topeka, Kansas (zip code 66607), presents a compelling investment opportunity. Zoned PUD and I1, this property offers excellent visibility and accessibility, boasting over 900 feet of frontage on I-70 and SE Sycamore Dr, directly accessible via the I-70 and Rice Rd exit's half-diamond interchange. The site is divided into two tracts, with Tract II conveniently situated adjacent to an 18-inch sanitary sewer main and a 12-inch water main on SE Sycamore Dr. A well-maintained concrete entry street provides easy access, and no special assessments are owed. This location is ideal for businesses requiring proximity to I-70, with potential uses including logistics, industrial sales and service, dealerships, and distribution centers. The site's size allows for flexible development, accommodating either two to three smaller buildings or a single larger structure. The asking price is $299,900, translating to a land value of $1.18 per square foot. Access to the site is controlled by the Kansas Department of Transportation (KDOT). This property represents a rare opportunity to acquire a strategically located industrial site with significant development potential in a thriving Kansas market.

    Property Features for 1100 Rice Rd

    General Information

    Property type
    Land
    Lot Size
    254,826 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bob Victor's Picture Frame Shop LDI - Topeka Farm Equipment Supplier

    Suggested Use

    Restaurant Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Department Store Food Market Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.620324718184
    Latitude
    39.034614669002

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    FAQs

    What type of property is this?
    Land - 5.85-Acre I-70 Industrial Site
    Where is this land located?
    The property is located at 1100 Rice Rd Topeka, KS.
    What is the asking price?
    The asking price for this property is $299,900.
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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
    1100 Rice Rd Topeka, KS 66607
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