Commercial Real Estate Market in Topeka, KS
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
174 active listings and 4,098 off-market properties in Topeka, KS.
Market Trends
Topeka, KS spans 295.8 square miles in Shawnee County, Kansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Topeka, KS runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Topeka, KS runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Topeka, KS runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Topeka, KS has a median asking sale price of $112/SF (based on 5 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 62.9%
- Industrial 15.1%
- Planned_development 12.4%
- Commercial 4.1%
- Open space 2%
- Civic 1.9%
- Mixed use 1.5%
Largest Zones share of zoned land by district
Topeka, KS zones 31,616 acres across 46 districts. Commercial zoning covers 4.1% of zoned land, residential 62.9%, open space 2% and industrial 15.1%. The largest single district is Single Family Dwelling District at 49.2%. For commercial buyers the practical constraint is that only 19.2% of land carries a commercial or industrial designation.
This district is established to provide for the use of detached single-family dwellings together with specified accessory uses and other uses as may be approved
Market overview
Demographics & Economy
Topeka, KS has 163,787 residents in 74,602 households. Density runs 554 people per square mile. Median household income here is $67,413 and median gross rent $994 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Topeka?
What zoning applies to commercial property in Topeka?
Where does Realmo's Topeka market data come from?
Methodology & data sources
- Asking prices and medians
- There are 124 active for-sale and 50 active for-lease listings in Topeka, KS. The sale median is based on 15 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 31,616 zoned acres across 46 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
