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    Lyman Rd Topeka, KS 66608

    For Sale
    $250,000

    3.41 Acres, I-1 Zoning, US 24 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.41-acre industrial land parcel presents a rare opportunity in Topeka, Kansas. Located at the west side of Vail and NW Lyman Rd, this site boasts convenient access to US-24 highway and the Goodyear Rd and US 24 diamond interchange. Zoned I-1 for light industrial use, the property offers immediate access to municipal utilities, eliminating the need for costly special taxing districts. The site is ideally suited for manufacturing, service, or wholesale businesses requiring a quiet, truck-friendly location. The seller will replat the property prior to closing at their expense, resulting in a final site size of approximately 3.41 acres, excluding approximately 11,400 square feet in the northwest corner. The property measures approximately 269 feet by 623 feet, featuring a gentle slope from west to east, with some fill required in the northwest corner. This makes it particularly well-suited for contractors needing space for both building and yard operations. The asking price is $250,000, translating to $1.68 per square foot. Given the scarcity of similarly zoned, readily accessible industrial sites in Topeka, this property represents a compelling investment opportunity. The property is located in Shawnee County, Kansas, with a zip code of 66608.

    Property Features for 0 Lyman Rd

    General Information

    Property type
    Land
    Lot Size
    148,540 SF

    HighLights

    • 3.41‑acre I‑1 zoned industrial lot in Topeka, KS, at Vail & NW Lyman Rd.
    • Excellent access to US‑24 highway and Goodyear Rd/US‑24 interchange.
    • Municipal utilities available; seller to replat (approx. 3.41 acres, excluding 11,400 sq ft).
    • 269' x 623' lot, gentle slope west to east, some fill needed in NW corner.
    • $250,000 asking price ($1.68/sq ft).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.694301109449
    Latitude
    39.087619023736

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    FAQs

    What type of property is this?
    Land - 3.41 Acres, I-1 Zoning, US 24 Access
    Where is this land located?
    The property is located at Lyman Rd Topeka, KS.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 3.41-acre I-1 zoned industrial lot in Topeka, KS, at Vail & NW Lyman Rd.; Excellent access to US-24 highway and Goodyear Rd/US-24 interchange.; Municipal utilities available; seller to replat (approx. 3.41 acres, excluding 11,400 sq ft).
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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
    Lyman Rd Topeka, KS 66608
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