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    200 Kansas Ave Topeka, KS 66603

    Sponsored
    For Sale
    $525,000

    115,721 SF Manufacturing/Distribution Building

    Property size:
    115,721 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 115,721-square-foot industrial property, located at 200 N Kansas Ave in Topeka, Kansas (zip code 66603), presents a unique investment opportunity. Built in 1901, this single-building facility sits on a 48,685-square-foot lot and is zoned D-3 Downtown District. The building features ceiling heights ranging from 10 to 14 feet and includes a concrete loading dock. Its former use as a cold storage facility offers potential for redevelopment. The property enjoys convenient access to I-70 Highway, placing it strategically within Topeka's urban core. This owner-user opportunity is priced at $525,000, or approximately $6.48 per square foot. The location offers potential for redevelopment projects, including affordable housing, retail, or loft spaces, and is situated within a Qualified Opportunity Zone (QOZ), making it eligible for various incentive programs and local entitlements, such as those offered through the Reinvestment Housing Incentive District program. This presents a compelling chance to capitalize on Topeka's Riverfront project and the surrounding revitalization efforts.

    Property Features for 200 Kansas Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    115,721 SF

    Building Details

    Year Built
    1901
    Buildings
    1

    HighLights

    • Qualified Opportunity Zone (QOZ) investment.
    • Exceptional investment opportunity.
    • Modern cold and freezer storage facility.
    • Convenient I‑70 Highway access.
    • $6.48 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Berry's Arctic Ice Dry Ice Supplier Let's Help Inc Non-Profit Organization Let's Help - Food ... Food Bank Let's Help Inc. ... Food Bank

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm 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
    -95.6690496
    Latitude
    39.0603221

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    FAQs

    What type of property is this?
    Manufacturing property - 115,721 SF Manufacturing/Distribution Building
    Where is this manufacturing property located?
    The property is located at 200 Kansas Ave Topeka, KS.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Qualified Opportunity Zone (QOZ) investment.; Exceptional investment opportunity.; Modern cold and freezer storage facility.
    (785) 228-5302
    Request Owner's contact information
    200 Kansas Ave Topeka, KS 66603
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    Topeka, KS 66603
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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
    200 Kansas Ave Topeka, KS 66603
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