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Property profile

1510 41st St Topeka, KS 66609

OFF-MARKET
Industrial properties
Property ID
US33-0977404
7,950 SF 1.82 ac lot Built 1979
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,100 square foot flex space at 1510-1520 SW 41st St, Topeka, Kansas, presents a compelling investment opportunity. Built in 1979, this property boasts a versatile design blending industrial and office features, ideal for a variety of uses. Situated on a sizable 79,133 square foot lot, the building enjoys high visibility from I-470 while maintaining a quiet street address. The I1 zoning permits a range of possibilities for the new owner. The existing structure offers significant potential for rental income generation through the development of additional units. Furthermore, the property's prominent location presents opportunities for additional revenue streams, such as billboard advertising. Alternatively, the new owner could occupy a portion of the building while leasing out other suites for increased profitability. This property is priced at $375,000 and is located in Shawnee County, Kansas, zip code 66609. The unique blend of accessibility and quiet location makes this a truly exceptional investment prospect in the Topeka market. Don't miss this chance to acquire a flexible and high-potential commercial property.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1979
Construction CONCRETE BLOCKS
Total area 7,950 SF
Lot 1.82 ac (79,133 SF)
Zoning code I1
APN 146-24-0-20-04-002.00
UPID US33-0977404

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
  • (Bike/Boat/Book/etc) Store Printing Service

Location

1510 41st St Topeka, KS 66609-1209
Topeka metro Census 3701 TOPEKA, KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$600k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

I1 · Topeka, KS
Zoning description

This district is established to provide for a wide range of uses except specified uses which are obnoxious or offensive by reason of odor, dust, smoke, gas or noise

General category INDUSTRIAL

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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