1335 Kansas Ave Topeka, KS 66608-1247
This exceptional 64,655 square foot commercial land parcel, located at 1335 N Kansas Ave in Topeka, Kansas (zip code 66608), presents a unique investment opportunity. Situated in a revitalization district, this property offers significant tax advantages. The full-block location boasts excellent street visibility and high traffic counts on North Kansas Avenue. The lot is currently zoned X1-Mixed Use District PUD Use, and while it will require rezoning for specific projects, it can accommodate a building of up to 17,000 square feet. This versatile property is ideal for a wide range of commercial uses. The seller, LMJ LLC, is open to a "build-to-suit" arrangement, contingent upon approval of the intended use and architectural design. A build-to-lease option is also favorably considered, with lease rates negotiable based on improvement costs, lease term, and other relevant factors. This is a rare chance to acquire a substantial commercial property in a rapidly developing area of Topeka. Don't miss this opportunity to capitalize on the potential of this prime location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
X1 · Topeka, KSTopeka. Always verify with local authorities before improvements.
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.