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    5040 28Th St Topeka, KS 66614

    For Sale
    $335,000

    Prime Office Space, 4,156 SF, $335K

    Property size:
    4,156 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 4,156 square foot office condo located at 5040 SW 28th Street in Topeka, Kansas. The property, encompassing the entire second floor of a two-story building constructed in 1985, offers a blend of traditional and executive office space. The building is classified as Class C and sits on a lot zoned OI2. Enjoy stunning green views overlooking Shunga Creek and Crestview Park. The convenient location, just off Fairlawn Road, provides easy access to I-470, ensuring excellent accessibility for employees and clients. This turnkey investment is priced at $335,000 and includes units 5 and 6, totaling the entire second floor. The property's 4,156 square feet provides ample space for a variety of business needs. This is an ideal opportunity for investors seeking a well-located, established office space in a desirable Topeka setting. The property's strategic location and attractive price point make it a compelling investment prospect. The existing infrastructure and views offer a strong foundation for immediate occupancy or future development. This is a rare chance to acquire a substantial office space in a thriving area of Topeka.

    Property Features for 5040 28Th St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,156 SF
    Class
    C

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    2

    HighLights

    • 4,156 SF office condo, encompassing the entire second floor.
    • Located at 5040 SW 28th Street, Topeka, Kansas.
    • Class C building, built in 1985, on OI2 zoned lot.
    • Turnkey investment priced at $335,000.
    • Excellent I‑470 access, near Fairlawn Road, with green space views.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Douglas O. Jones, ... Psychiatrist Jim L. Woodward, ... Social Worker Wagner-Knight Joyce L Social Worker Shunga Creek Mental ... Family Counselor Deborah Jones Social Worker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -95.7411742
    Latitude
    39.0167462

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 4,156 SF, $335K
    Where is this office property / space located?
    The property is located at 5040 28Th St Topeka, KS.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: 4,156 SF office condo, encompassing the entire second floor.; Located at 5040 SW 28th Street, Topeka, Kansas.; Class C building, built in 1985, on OI2 zoned lot.
    Request Owner's contact information
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    Topeka, KS 66614
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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
    5040 28Th St Topeka, KS 66614
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