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Property profile & analytics
OFF-MARKET
Estimated value
$250,000
Retail space
2201 Meriden Rd Topeka, KS 66608-1740
Individually Owned
Absentee Owner
Free & Clear
Property ID
US33-0931631
Property summary
AI-generated overview
This single-story, 1,376 square foot retail or office building is situated on a 2-acre lot at 2201 NE Meriden Rd, Topeka, KS 66608. The property, built in 1961 and zoned C4, features two suites, with a minimum divisible space of 576 square feet. The building offers excellent visibility and accessibility from Highway 24 and Meriden Road, boasting significant drive-by exposure. A large, paved parking lot provides 30 spaces for employees and customers. The building's north-facing front allows for prominent signage opportunities, including a roof sign and an additional pole sign on the frontage road. Its convenient location offers quick access to major retailers such as Dillons and Walmart, as well as nearby restaurants. The property is classified as Class C. There are no elevators.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Lot
2.25 ac (98,010 SF)
Zoning code
C4
APN
104-17-0-40-02-001.00
UPID
US33-0931631
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
BETTIE C ATTEBERRY
BETTIE C ATTEBERRY
Zoning & alternative use
C4 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide for commercial uses and activities which are intended to serve as community or regional service areas
Zone name
Commercial District
General category
COMMERCIAL
Zone area
984.63 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Topeka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Topeka submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$250k
Range $225k – $275k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,131
Tax year 2023
Assessed value
$31,975
Assessed 2023
Previous assessed
$31,975
+0.0% YoY
Effective rate
16.05%
On assessed value
Total market value
$132,950
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1961
Heating
YES
Cooling
YES
Lot
2.25 ac (98,010 SF)
Zoning code
C4
APN
104-17-0-40-02-001.00
UPID
US33-0931631
Jurisdiction
SHAWNEE
Zoning & alternative use
C4 · Topeka, KSZoning C4 · permitted uses
C4 · Topeka, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide for commercial uses and activities which are intended to serve as community or regional service areas
Zone name
Commercial District
General category
COMMERCIAL
Zone area
984.63 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1961
Heating
YES
Cooling
Yes
Lot
2.25 ac
Current owner
From public records · entity-resolved
BETTIE C ATTEBERRY
Individual
Free & Clear · 0 yrs held
Mailing address
5887 SW 29TH ST, TOPEKA, KS 66614-2466
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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