3846 SW Topeka Blvd Topeka, KS 66609
1.41-acre parcel ideal for redevelopment in a transforming area.
Type:Land
Lot size:
1.41 Acres- Added:
- Jul 10, 2023
- Days on Market:
- 1025
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 3846 SW Topeka Blvd
General Information
- Standard status
- Active
- Lot size
- 1.41 Acres
- Property subtype
- Land
Listing agent Henry McClure License #KS 00053441
Listing office MCRE, LLC
Listing date Jul 10, 2023
Source Crexi
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
Overview
Topeka Redevelopment Opportunity
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Travelers Inn
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Topeka
- County
- Shawnee
- State
- Kansas
- Longitude
- -95.6862038
- Latitude
- 38.9961354
Nearby Similar for Sale
FAQs
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.
