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    990 Fairlawn Rd Topeka, KS 66606

    For Sale
    $895,000

    Prime Topeka Office Space - 11,000 SF

    Property size:
    11,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional three-story executive office building, located at 990 SW Fairlawn Road in Topeka, Kansas, presents a compelling investment opportunity. Boasting 11,000 square feet of meticulously maintained space, this property offers a unique blend of functionality and prestige. Constructed in 1979, the building sits on a generous 2.5-acre lot, providing ample parking and potential for future expansion. The building features an elevator for convenient access to all three floors. Its strategic corner location at the intersection of 10th and Fairlawn ensures high visibility and accessibility. The asking price is $895,000, translating to a price per square foot of $81.36. The property is zoned O-1 for office use, ensuring its suitability for a wide range of professional businesses. This well-established building offers a solid foundation for immediate occupancy or a lucrative redevelopment project. Its substantial size and prime location in Shawnee County, Kansas, zip code 66606, make it an attractive proposition for discerning investors seeking a strong return on investment in the Topeka market. The property's size and location offer significant potential for growth and future appreciation. This is a rare opportunity to acquire a substantial office building in a desirable location.

    Property Features for 990 Fairlawn Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,000 SF
    Lot Size
    108,900 SF

    Building Details

    Year Built
    1979
    Stories
    3
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Corporate Plan Management Insurance Broker Dr. Gretchen Parks, ... Doctor Moore Ronald Tax Preparation Service Basom Gary D Accountant Ramos Mary Accountant

    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
    -95.742852
    Latitude
    39.0513964

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Topeka Office Space - 11,000 SF
    Where is this office property / space located?
    The property is located at 990 Fairlawn Rd Topeka, KS.
    What is the asking price?
    The asking price for this property is $895,000.
    Request Owner's contact information
    990 Fairlawn Rd Topeka, KS 66606
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    Topeka, KS 66606
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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
    990 Fairlawn Rd Topeka, KS 66606
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