3732 Topeka Blvd Blvd Topeka, KS 66609
This exceptional commercial property in Topeka, Kansas, presents a unique investment opportunity encompassing a substantial 307,534 square foot warehouse and additional land parcels. Located at 3732 SW Topeka Blvd., 66609, this prime location boasts high visibility and accessibility due to its proximity to a major interstate and two key city thoroughfares, ensuring significant daily traffic exposure. The property currently includes an established motel generating consistent income, providing immediate cash flow. The expansive land area offers considerable development potential for various uses, including retail, hospitality, or mixed-use projects. Further enhancing its appeal, this property is situated within a Tax Increment Financing (TIF) district, qualifying for potential tax incentives. This combination of existing income, development potential, and tax advantages makes this a compelling investment opportunity for those seeking strong returns in a thriving area of Topeka. The asking price is $1,937,287. This property is classified as Industrial and Land, with a Warehouse and Commercial subtype.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.