Technical
Financial
Distress signals
Property profile

204 5th St Topeka, KS 66603

OFF-MARKET
Parking lots & garages
Property ID
US33-1051548
0.69 ac lot
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property at 204 SW 5th Street in downtown Topeka is located near the Kansas State Capitol and is approximately 30,000 square feet. The site is currently improved as a paved surface parking lot and is zoned D1 – Planned Development District, which allows flexibility for commercial, residential, or mixed-use redevelopment. The site sits within the downtown core near state government offices and other professional and association-oriented users, and it is configured to support redevelopment compatible with office, residential, or mixed-use uses for Capitol-related demand. Phase I and Phase II Environmental Site Assessment reports have been completed and are available in the provided documents. The property is currently publicly owned and tax-exempt; any future property tax obligations would be determined following transfer to private ownership.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.69 ac (30,000 SF)
Zoning code I1
APN 109-31-0-10-18-004.00
UPID US33-1051548

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
  • Parking Lot & Garage

Location

204 5th St Topeka, KS 66603
Topeka metro Census 4000 TOPEKA, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 204 5th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message