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Topeka Redevelopment Opportunity
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3846 SW Topeka Blvd, Topeka, KS 66609

1.41-acre parcel ideal for redevelopment in a transforming area.

Property SizeContact for details
Lot Size1.41 Acres
Days on Market1129

Property Features for 3846 SW Topeka Blvd

General Information

Standard status Active
Lot size 1.41 Acres
Property subtype Land
Zoning C-4
Listing Agency: MCRE, LLC
Listed By: Henry McClure · License #KS 00053441
Source: Crexi
Added: Jul 10, 2023 Changed: Aug 8 Last Checked: Aug 11 at 10:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MCRE, LLC

Investment Insights

Based on property information with market context.

Located at 3846 SW Topeka Blvd, Topeka, KS 66609, this 1.41-acre parcel offers a redevelopment opportunity in a rapidly transforming area. The property is strategically positioned adjacent to the newly constructed Kansas Turnpike Authority (KTA) offices. The Topeka Boulevard corridor is undergoing a renaissance, with economic and infrastructural growth. The property is eligible for Community Improvement District (CID) and Tax Increment Financing (TIF). A Community Improvement District establishes a defined geographic area where businesses and property owners contribute additional taxes, known as CID taxes, which are allocated to support public infrastructure enhancements, aesthetic improvements, and other economic development initiatives within the district. Tax Increment Financing enables municipalities to harness the incremental increase in property tax revenues generated by redevelopment within a designated area and are used to repay the costs of current infrastructure improvements, public projects, or other enhancements that drive economic growth. The property's proximity to the KTA offices places it in a high-visibility, high-traffic area. The Topeka Boulevard corridor is experiencing revitalization, positioning it as a hub for commercial, residential, and mixed-use development. This parcel offers the chance to contribute to and capitalize on a thriving economic landscape.

Key Highlights

  • Prime 1.41‑acre redevelopment opportunity.
  • Eligible for Community Improvement District (CID) and Tax Increment Financing (TIF).
  • Strategically located adjacent to the newly constructed Kansas Turnpike Authority (KTA) offices.

Property Analytics

Current Use

Travelers Inn Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 66609, KS

7,519
Population
3,832
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
94%
High-School Grad
12.5 sq mi
ZIP Area
602
Density / Sq Mi
$63,949
Median Household Income
$46,378
Median Earnings
$1,050
Median Rent
$108,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.41-acre parcel ideal for redevelopment in a transforming area.
Where is this commercial land located?
The property is located at 3846 SW Topeka Blvd Topeka, KS.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime 1.41‑acre redevelopment opportunity.; Eligible for Community Improvement District (CID) and Tax Increment Financing (TIF).; Strategically located adjacent to the newly constructed Kansas Turnpike Authority (KTA) offices.
(785) 383-9994 Call to check price and availability
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