2300 Lower Silver Lake Rd Topeka, KS 66618
This exceptional investment opportunity encompasses five tracts of prime industrial land totaling approximately 66.97 acres in Topeka, Kansas. Strategically located at the Diamond Interchange, offering unparalleled visibility and accessibility to US Highway 24 and proximity to US 75. The property includes a mix of land parcels, each presenting unique development potential. Tract I (16.43 acres) boasts significant frontage on NW Goodyear Rd and US 24, suitable for a large-scale building (up to 100,000 sq ft). Tracts II (13.44 acres) and III (11.3 acres) offer additional contiguous land for expansion or complementary development, sharing common access roads. Tracts IV and V (20.71 and 15.09 acres respectively), located at 2300 NW Lower Silver Lake Rd, include existing structures: a single-family residence, a 6,400 sq ft warehouse, and a commercial greenhouse, providing versatile options for office space, storage, or repurposing. Existing infrastructure includes a 27" sewer interceptor, a large irrigation well, and level, graded land. The R1 zoning allows for a variety of industrial uses. The asking price is $2,275,000, with a price per acre ranging from $25,084 to $53,925.74, reflecting the diverse development potential of this exceptional portfolio. This is an ideal location for warehouse, manufacturing, or distribution facilities, benefiting from excellent highway access and ample space for truck staging.
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.