2055 Clay St Topeka, KS 66604-3078
This exceptional commercial property located at 2055 SW Clay St, Topeka, KS, presents a compelling investment opportunity. Priced at $170,000, the building offers significant potential for a variety of business uses, providing ample room for expansion and growth. Its strategic location at the intersection of 21st and Clay Streets ensures high visibility and accessibility. The property's versatility makes it suitable for a wide range of commercial ventures, allowing for customization to meet specific business needs. An added benefit is the availability of an adjacent parking lot across Clay Street, which can be purchased separately, providing convenient and ample parking for customers and employees. This presents a unique opportunity to acquire a property with significant upside potential in a thriving Topeka location. The building's adaptable layout and prime location make it an ideal investment for entrepreneurs and businesses seeking to establish or expand their operations in a dynamic market. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is offered as-is. Further details regarding the building's square footage and specific zoning regulations are available upon request. Don't miss this chance to secure a valuable asset in a rapidly developing area of Topeka.
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
OI1, R1 · 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.