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    1318 Tyler St Topeka, KS 66612

    Sponsored
    For Sale
    $85,000

    Prime Topeka Parking Lot - $85,000

    Property size:
    12,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 0.27-acre lot, located at 1318 SW Tyler Street in Topeka, Kansas (zip code 66612), presents a compelling investment opportunity. Zoned M-2, the property encompasses 12,150 square feet of paved asphalt and is currently configured to accommodate approximately 34 parking spaces. The asking price is $85,000, translating to $7 per square foot. Situated in downtown Topeka, this parking lot offers convenient access to nearby businesses and is directly behind an office building also available for purchase. The lot's strategic location and existing infrastructure make it an ideal investment for those seeking a ready-to-use parking facility or a potential redevelopment project. The property's size and zoning provide flexibility for various uses within the permitted guidelines. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a well-situated parking lot in a thriving urban area. Serious inquiries only.

    Property Features for 1318 Tyler St

    General Information

    Property type
    Automotive properties
    Square Feet
    12,150 SF
    Lot Size
    11,761 SF

    HighLights

    • Ample asphalt parking lot.
    • Approximately 34 parking spaces.
    • Prime downtown Topeka location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    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
    -95.684017
    Latitude
    39.041916

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    FAQs

    What type of property is this?
    Automotive property - Prime Topeka Parking Lot - $85,000
    Where is this automotive property located?
    The property is located at 1318 Tyler St Topeka, KS.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Ample asphalt parking lot.; Approximately 34 parking spaces.; Prime downtown Topeka location.
    (785) 228-5303
    Request Owner's contact information
    1318 Tyler St Topeka, KS 66612
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    Topeka, KS 66612
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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
    1318 Tyler St Topeka, KS 66612
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