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Property profile & analytics
OFF-MARKET
Investment properties

1834 Topeka Blvd Topeka, KS 66608-1825

0.43 ac lot Built 1939
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US33-1069801
Property summary
AI-generated overview

This exceptional commercial property at 1834 NW Topeka Blvd presents a significant investment opportunity in a rapidly growing area of Topeka, Kansas. Built in 1939, the building offers a substantial amount of space with diverse potential uses. Currently, the property includes a 1000 square foot retail area, perfect for a variety of businesses, and a 1000 square foot garage or storage space, providing ample room for inventory or equipment. A former tavern, closed for several years, comprises an additional 2596 square feet, offering significant expansion possibilities. Above the tavern are two apartments totaling 1568 square feet, presenting further income potential through rental or conversion. The property's location benefits from exceptional visibility and high traffic volume, with a reported 18,865 cars passing daily, according to a KDOT traffic count. While the building requires rehabilitation, its size, location, and diverse space options make it an ideal candidate for redevelopment or adaptive reuse. This is a rare chance to acquire a substantial commercial property in a thriving Topeka neighborhood with significant upside potential. The property is priced at $299,500. The lot size is 0 acres.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1939
Lot 0.43 ac (18,656 SF)
Zoning code C4
APN 104-20-0-20-15-003.00
UPID US33-1069801
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Club Carwash Car Wash
  • Tobacco Island (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Irvin C Metz · 20 yrs held
Irvin C Metz
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
C4 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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