This exceptional 5.34-acre commercial and industrial land parcel presents a prime development opportunity in Topeka, Kansas. Strategically located directly off Highway 24, this site boasts unparalleled visibility with over 17,000 vehicles passing daily, ensuring maximum exposure for any business. The property is zoned PUD, offering flexibility for a variety of commercial and industrial uses. Its convenient location, less than a mile from US Highway 75, provides easy access to major transportation routes, making it ideal for businesses requiring efficient logistics. Water and sewer services are readily available, simplifying the development process. This build-to-suit opportunity allows for customized construction to meet specific business needs. The asking price is $500,000. Furthermore, there's potential to expand the property by acquiring an adjacent 4.38-acre parcel, resulting in a nearly 9-acre site. This presents a unique chance to secure a substantial land holding in a high-demand area with excellent highway access and high daily traffic counts. The property's address is 3143 US-24, Topeka, KS 66618, located 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
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.