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    20Th St Topeka, KS 66604

    For Sale
    $440,913

    Prime Commercial Land, High Traffic Area, I-470 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.69-acre commercial land parcel, totaling 117,577 square feet, presents a unique investment opportunity in Topeka, Kansas. Located in the highly desirable Wanamaker Retail Corridor, this C-4 zoned property boasts exceptional visibility and accessibility. The site benefits from its strategic position amongst a thriving retail landscape, including established national, regional, and local businesses such as West Ridge Mall, Target, Chipotle, Michaels, Kansas Sampler, and Natural Grocers. High traffic counts ensure significant exposure for any future development. The property's convenient location offers quick and easy access to I-470, providing seamless connectivity throughout the region. The asking price is $440,913, translating to approximately $4.75 per square foot. This represents a compelling value proposition for developers seeking a prime location within a robust retail environment. The property's size and zoning provide ample flexibility for a variety of commercial uses, making it an ideal investment for long-term growth and profitability. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a rapidly growing area. Don't miss out on this chance to secure a prime piece of Topeka real estate.

    Property Features for 0 20Th St

    General Information

    Property type
    Land

    HighLights

    • $4.75 per square foot asking rent.
    • 2.69 acres of land, approximately.
    • High‑traffic count location.
    • Situated on the Wanamaker corridor.
    • Convenient access to Interstate 470.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.758704
    Latitude
    39.030147

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area, I-470 Access
    Where is this land located?
    The property is located at 20Th St Topeka, KS.
    What is the asking price?
    The asking price for this property is $440,913.
    What are key features of this property?
    This property features: $4.75 per square foot asking rent.; 2.69 acres of land, approximately.; High-traffic count location.
    (785) 228-5308
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    20Th St 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
    20Th St Topeka, KS 66604
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