Technical
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Property profile

1936 Lower Silver Lake Rd Topeka, KS 66608

OFF-MARKET
Warehouses
69,300 SF Built 1974
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Property summary

AI-generated overview

This exceptional 69,300-square-foot industrial property, located at 1936 NW Lower Silver Lake Rd in Topeka, Kansas, presents a compelling investment opportunity. The building, constructed in 1974 and zoned I-1, sits on a substantial 217,800-square-foot lot. The asking price is $2,900,000, translating to $41.85 per square foot. This flex/warehouse space features four dock-high doors, providing efficient loading and unloading capabilities. Inside, you'll find approximately 5,000 square feet of interior dock space, complemented by over 1,600 square feet of office space and a 633-square-foot mezzanine, offering versatile options for various business needs. The west warehouse section boasts a practical grated floor drain system. A truck scale is conveniently located on the premises, enhancing operational efficiency. The property's strategic location offers potential for a drive-thru configuration, further increasing its functionality. Furthermore, a potential rail siding is situated approximately half a mile south on Vail Avenue, presenting additional logistical advantages. This single-tenant, NNN lease property is ready for the right tenant. The property's size, features, and location make it an ideal choice for a variety of industrial and warehousing operations.

Property profile

Verified
Property type Warehouses
Year built 1974
Total area 69,300 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Moving Company
  • Moving Company

Location

1936 Lower Silver Lake Rd 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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