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    3120 Kansas Ave Topeka, KS 66611

    For Sale
    $955,000

    19,634 SF Flex/Warehouse, $955K

    Property size:
    19,634 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 19,634-square-foot industrial property, located at 3120 S Kansas Ave, Topeka, KS 66611, presents a compelling investment opportunity. Built in 1962, this flex/warehouse space boasts a desirable I2 zoning designation and sits on a spacious 51,930-square-foot lot. The building features five dock-high doors, providing efficient loading and unloading capabilities, complemented by ceiling heights ranging from 10 to 12 feet. The asking price is $955,000, translating to $48.64 per square foot. Its strategic location on a busy thoroughfare in Topeka's auto dealership district offers excellent retail exposure. The property has a history of food-related businesses, previously housing a refrigerated/freezer food production facility and a food distribution company. Convenient access is provided by entrances on Kansas Avenue and 31st Street, with two additional grade-level doors at the front of the building. This versatile space is ideal for a variety of industrial and potentially retail uses, benefiting from the surrounding retail and automotive businesses on Kansas Avenue and Topeka Boulevard. The property's size, location, and features make it a highly attractive investment prospect.

    Property Features for 3120 Kansas Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    19,634 SF

    Building Details

    Year Built
    1962

    HighLights

    • 19,634 SF industrial property at 3120 S Kansas Ave, Topeka, KS 66611.
    • I2 zoning, 51,930 SF lot.
    • Five dock‑high doors, 10‑12' ceiling heights, two grade‑level doors.
    • $955,000 asking price ($48.64/SF).
    • Excellent retail exposure in Topeka's auto dealership district.
    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
    -95.6812696
    Latitude
    39.0118754

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    FAQs

    What type of property is this?
    Distribution property - 19,634 SF Flex/Warehouse, $955K
    Where is this distribution property located?
    The property is located at 3120 Kansas Ave Topeka, KS.
    What is the asking price?
    The asking price for this property is $955,000.
    What are key features of this property?
    This property features: 19,634 SF industrial property at 3120 S Kansas Ave, Topeka, KS 66611.; I2 zoning, 51,930 SF lot.; Five dock-high doors, 10-12' ceiling heights, two grade-level doors.
    Request Owner's contact information
    3120 Kansas Ave Topeka, KS 66611
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    Topeka, KS 66611
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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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