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Property summary
This exceptional 4,337-square-foot restaurant space, located at 2949 S. Kansas Avenue in Topeka, Kansas, presents a unique investment opportunity. Built in 1967 and renovated in 2000, the single-story building sits on a 0.37-acre lot and offers ample parking for 15 or more vehicles. The property is zoned I-1 (Light Industrial), providing flexibility for various uses. The previous tenant operated a restaurant, and the current owner is offering a "vanilla shell" to any new tenant. This… includes a new HVAC system, updated electrical services, and either repaired or new plumbing, ensuring a move-in ready space. The location is highly desirable, situated on Kansas Avenue near 29th Street, providing excellent visibility and proximity to numerous local and national restaurants, retailers, and businesses. This property offers a strong foundation for a thriving restaurant or similar business, benefiting from its convenient location and the improvements offered by the seller. The building features a total of 4,337 square feet of space, making it suitable for a variety of concepts. With its convenient location and the seller's commitment to providing a renovated space, this property represents a compelling opportunity for a new business to establish itself in a vibrant Topeka market. The property's address is 2949 S. Kansas Ave, Topeka, KS 66611.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 4,337 SF
- Lot area
- 0.37 ac
- Year built
- 1967
- APN
- 134-18-0-20-02-002.02
- Zoning
- I1
- Assessed value · 2023
- $46,376
- Annual tax · 2023
- $6,940
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $6,940
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
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
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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