2800 Rochester Rd Topeka, KS 66617
This exceptional 7-acre parcel in Topeka, Kansas, presents a remarkable multifamily development opportunity. Located at 2800 NW Rochester Rd, in the highly desirable Seaman School District, this land is zoned for duplex and fourplex construction, allowing for a total of approximately 30 units. Detailed architectural plans are included, streamlining the development process and minimizing upfront design costs. The property enjoys a prime location adjacent to major retailers such as Walmart and Dillon's, ensuring high tenant demand and convenient access to shopping and amenities. The area's strong rental market, particularly north of Highway 24, further enhances the investment potential. Future infrastructure improvements are planned, including the widening of Rochester Road to incorporate a center turning lane, enhancing walkability to nearby retail and restaurants at the busy Highway 24 and Rochester Road intersection. This strategic location, combined with the existing plans and zoning, makes this a truly exceptional investment opportunity for developers seeking to capitalize on the robust Topeka rental market. The asking price for this exceptional property is $400,000. The property's address is 2800 NW Rochester Rd, Topeka, KS 66617, situated in Shawnee County.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.