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    3120 Kansas Ave Topeka, KS 66611

    For Lease
    $4 SF/Yr ($6,953 /Mo)

    19,634 SF Warehouse, Multiple Tenants

    Lot size:
    19,634 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 19,634-square-foot industrial property, located at 3120 S Kansas Ave in Topeka, Kansas, presents a compelling investment opportunity. Situated on a 1.19-acre lot (51,930 square feet), this Class C building boasts a versatile layout suitable for warehouse, manufacturing, or flex uses. Built in 1962, the property features ceiling heights ranging from 10 to 12 feet, providing ample vertical space. Loading and unloading are facilitated by two loading docks and four dock-high doors. The property is zoned I-2 (Heavy Industrial), allowing for a wide range of industrial operations. Its strategic location on South Kansas Avenue, just south of 29th Street, offers excellent visibility and accessibility, benefiting from proximity to various retail and auto-related businesses along Kansas Avenue and Topeka Boulevard. The building has a history of food-related businesses, having previously served as a refrigerated/freezer food production facility and later housed a food distribution company. This presents a unique opportunity to acquire a well-located industrial building with significant street frontage in a thriving commercial area. Access points are available from Kansas Avenue and 31st Street. The property's size, features, and location make it an ideal choice for businesses seeking a versatile and strategically positioned industrial space in Topeka. The zip code is 66611.

    Property Features for 3120 Kansas Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,634 SF
    Class
    C
    Total Rate
    6953.71

    Building Details

    Year Built
    1962

    Unit(s) available at that property

    Space
    Lease Space
    Size
    13,500 SF
    Rate per SF
    $4

    HighLights

    • 19,634 SF industrial building on a 1.19‑acre lot in Topeka, KS.
    • Class C building with 10‑12' ceiling heights, two loading docks, and four dock‑high doors.
    • Zoned I‑2 (Heavy Industrial), offering versatile warehouse, manufacturing, or flex space.
    • Newer roof, new HVAC system, and fenced, secured lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Dirty Dog Pet ... Pet Boarding Service Tip Top Tails Pet Groomer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6813791
    Latitude
    39.0118264

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    FAQs

    What type of property is this?
    Flex space - 19,634 SF Warehouse, Multiple Tenants
    Where is this flex space located?
    The property is located at 3120 Kansas Ave Topeka, KS.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 19,634 SF industrial building on a 1.19-acre lot in Topeka, KS.; Class C building with 10-12' ceiling heights, two loading docks, and four dock-high doors.; Zoned I-2 (Heavy Industrial), offering versatile warehouse, manufacturing, or flex space.
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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
    3120 Kansas Ave Topeka, KS 66611
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