Property profile

3835 SW 29Th St Topeka, KS 66614

FOR LEASE
Banks
Property ID
US33-1003000
1,768 SF 0.43 ac lot Built 1974
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,788 square foot freestanding retail building presents a unique investment opportunity. Located at the highly visible corner of 29th Street and Gage Boulevard in Shawnee County, Kansas, this property boasts significant drive-by traffic. Originally constructed in 1974, the single-tenant building sits on a spacious 18,807 square foot lot and offers ample parking with 18 spaces. Currently vacant, the entire 1,788 square feet is available for immediate occupancy. The property is zoned PUD, C4, allowing for a variety of retail uses. Its former use as a bank provides a solid foundation for a variety of businesses seeking high visibility and convenient access. The building's prominent location at a major intersection ensures maximum exposure to potential customers. This is an ideal opportunity for a business seeking a well-established location with excellent visibility and ample parking in a thriving commercial area. The property's size and zoning make it suitable for a range of retail concepts. Interested parties are encouraged to explore the potential of this prime retail space. The property's location on Gage Boulevard offers easy access and high visibility, making it an attractive option for businesses seeking a strong presence in the area. The ample parking further enhances the property's appeal to potential tenants and customers.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1974
Construction FRAME
Total area 1,768 SF
Lot 0.43 ac (18,807 SF)
Zoning code PUD, C4
APN 145-15-0-10-01-002.00
UPID US33-1003000

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service

Location

3835 SW 29Th St Topeka, KS 66614
Topeka metro Census 1603 TOPEKA, KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

PUD, C4 · Topeka, KS

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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