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    711 Topeka Blvd Topeka, KS 66603

    Sponsored
    For Sale
    $95,000

    Prime Topeka location, 11,250 sq ft.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This 11,250 square foot asphalt lot, located at 711 SW Topeka Blvd in Topeka, Kansas (zip code 66603), presents a unique investment opportunity. Currently zoned PUD and C-3, the property boasts convenient curb cuts allowing for easy right-in/right-out access. The lot comfortably accommodates 32 or more parking spaces, making it ideal for various commercial or industrial uses. Its prime location, just one block from the Kansas State Capitol grounds, places it within a high-traffic area with excellent visibility. Nearby amenities include office buildings, retail establishments, restaurants, and shopping options, ensuring high foot traffic and potential customer base. The lot's existing asphalt surface is ready for immediate use. While currently suitable for parking, retail usage would require rezoning. An adjoining asphalt parking lot is also available for purchase. The asking price for this 11,250 square foot lot is $95,000, representing a land value of $7.56 per square foot. This property offers significant potential for investors seeking a strategic location in a thriving area of Topeka.

    Property Features for 711 Topeka Blvd

    General Information

    Property type
    Land

    HighLights

    • Asphalt‑paved lot directly on Topeka Boulevard.
    • High‑traffic location.
    • Excellent proximity to the Kansas State Capitol building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.679844227798
    Latitude
    39.051455091667

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    FAQs

    What type of property is this?
    Land - Prime Topeka location, 11,250 sq ft.
    Where is this land located?
    The property is located at 711 Topeka Blvd Topeka, KS.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: Asphalt-paved lot directly on Topeka Boulevard.; High-traffic location.; Excellent proximity to the Kansas State Capitol building.
    Request Owner's contact information
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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
    711 Topeka Blvd Topeka, KS 66603
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