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Property profile

542 Highway 24 Topeka, KS 66608

OFF-MARKET
Warehouses
10,170 SF 1.72 ac lot Built 1973
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Property summary

AI-generated overview

This exceptional 10,170-square-foot flex/warehouse building presents a compelling investment opportunity in Topeka, Kansas. Located at 542 NW Hwy 24 Rd, this property boasts a desirable location within Shawnee County, zip code 66608. Built in 1973, the single building sits on a 1.72-acre lot and is zoned C4, offering versatility for a range of uses. The building features a 14-foot ceiling height, a clear-span design, and a drive-thru configuration for efficient operations. The 10,170 square feet of net rentable space includes approximately 2,752 square feet of office space, complemented by a convenient storage mezzanine. The property also includes a partially fenced area and an asphalt/gravel yard, providing ample outdoor space for storage or maneuvering. This well-maintained property offers a blend of office and warehouse space, making it ideal for businesses requiring both functionalities. The strategic location and functional design make this a highly attractive investment prospect. The asking price is $645,000.

Property profile

Verified
Property type Warehouses
Year built 1973
Total area 10,170 SF
Lot 1.72 ac (74,923 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

542 Highway 24 Topeka, KS 66608
Topeka metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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