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    5050 Topeka Blvd Topeka, KS 66609

    For Sale
    $540,000

    3.1 Acres, I-1 & R-1 Zoning, Utilities Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.1-acre tract of land, located at 5050 SW Topeka Blvd in Topeka, Kansas (zip code 66609), presents a unique investment opportunity. Zoned I-1 and R-1, this property offers versatility for a range of industrial and residential uses. All utilities are readily available, including larger sanitary sewers on three sides, a substantial water main on the north, and stormwater drainage on the south. The site boasts excellent visibility and accessibility from Topeka Boulevard, with approximately 425 feet of frontage. Its roughly rectangular shape provides efficient layout potential. The property's exact square footage and boundaries will be determined by a buyer's survey or the seller's replat. This prime location is particularly well-suited for industrial businesses seeking a retail-adjacent position with high visibility. Furthermore, the seller is open to splitting the property: a northern lot of approximately 1.4 acres is available for $250,000, and a southern lot of approximately 1.7 acres is priced at $350,000. This presents a flexible option for investors with varying needs and budgets. Don't miss this chance to acquire a strategically located and fully entitled parcel in a thriving Kansas community.

    Property Features for 5050 Topeka Blvd

    General Information

    Property type
    Land
    Lot Size
    135,036 SF

    HighLights

    • $540,000 asking price for 3.1 acres of land.
    • Located at 5050 SW Topeka Blvd, Topeka, KS 66609.
    • I‑1 and R‑1 zoning permits industrial and residential uses.
    • All utilities available; excellent visibility and access to Topeka Blvd.
    • Potential for splitting into two parcels: ~1.4 acres for $250,000 and ~1.7 acres for $350,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Anderson RV Center Rv Dealer

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Hotel & Motel Kitchen & Bath Discount Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6866611
    Latitude
    38.9766818

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    FAQs

    What type of property is this?
    Land - 3.1 Acres, I-1 & R-1 Zoning, Utilities Available
    Where is this land located?
    The property is located at 5050 Topeka Blvd Topeka, KS.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: $540,000 asking price for 3.1 acres of land.; Located at 5050 SW Topeka Blvd, Topeka, KS 66609.; I-1 and R-1 zoning permits industrial and residential uses.
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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
    5050 Topeka Blvd Topeka, KS 66609
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