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    402 University Blvd Topeka, KS 66619

    Sponsored
    For Sale
    $2,946,875

    Prime I-1 zoned land, multiple tracts available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional offering presents a unique opportunity to acquire prime industrial land in Topeka, Kansas. Located at the northwest corner of University Blvd and Topeka Blvd, this fully entitled property comprises a total of 109.45 acres, zoned I-1 for Light Industrial use. The property is divided into several tracts, offering flexibility for various development needs. Tract III, encompassing 53.65 acres, is available for $1,743,625. Tract IV (1.25 acres) is priced at $27,225, and Tract V (1.25 acres) is listed at $54,450. The entire property is priced at $2,946,875, with a price per acre of $18,574. This strategic location provides excellent visibility and accessibility, with frontage on major roads and multiple entry points. The site boasts heavy power and utility main distribution, making it ideal for large-scale industrial distribution or manufacturing facilities. The property is well-suited for businesses seeking large or small tracts, ranging from 1.25 to 53.65 acres. The address is 402 SW University Blvd, Topeka, KS 66619, and the property is situated in Shawnee County. This is a rare opportunity to secure a substantial industrial land holding in a thriving location. The property is ready for immediate development.

    Property Features for 402 University Blvd

    General Information

    Property type
    Land
    Lot Size
    4,767,642 SF

    HighLights

    • 109.45‑acre fully entitled industrial land parcel in Topeka, KS, zoned I‑1.
    • Tracts available ranging from 1.25 to 53.65 acres, ideal for large‑scale industrial distribution or manufacturing.
    • Excellent visibility and accessibility with frontage on major roads and multiple entry points.
    • Heavy power and utility infrastructure available.
    • Priced at $2,946,875 ($18,574/acre); individual tracts available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.6926844
    Latitude
    38.9543253

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    FAQs

    What type of property is this?
    Land - Prime I-1 zoned land, multiple tracts available
    Where is this land located?
    The property is located at 402 University Blvd Topeka, KS.
    What is the asking price?
    The asking price for this property is $2,946,875.
    What are key features of this property?
    This property features: 109.45-acre fully entitled industrial land parcel in Topeka, KS, zoned I-1.; Tracts available ranging from 1.25 to 53.65 acres, ideal for large-scale industrial distribution or manufacturing.; Excellent visibility and accessibility with frontage on major roads and multiple entry points.
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    402 University Blvd Topeka, KS 66619
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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
    402 University Blvd Topeka, KS 66619
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