Technical
Financial
Distress signals
Property profile

3251 SW Topeka Blvd Topeka, KS 66611

FOR SALE
Turn key restaurants
Property ID
US33-1035776
0.67 ac lot Built 1984
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents two prime retail pad sites located along Topeka Boulevard in Shawnee County, Kansas. The sites, totaling 0.67 and 2.11 acres respectively, benefit from an excellent location within a thriving commercial area. The property enjoys significant visibility and accessibility due to its position along Topeka Boulevard, a key thoroughfare currently undergoing revitalization as part of the city's "Bring Back the Boulevard" initiative. This redevelopment project is expected to further enhance the area's appeal and drive increased traffic and customer flow. The sites are strategically situated adjacent to a cluster of established national quick-service restaurants, including McDonald's, KFC, Subway, and Wendy's, creating a high-traffic environment with significant consumer draw. The area boasts a well-established residential population, providing a strong customer base for potential retail developments. The property is offered with flexible ownership options, including ground lease, build-to-suit arrangements, or outright sale. A proposed new intersection is planned, further improving access and visibility. This presents a rare chance to secure a prominent retail location in a rapidly growing area of Topeka, Kansas. The address is 3251 SW Topeka Blvd, Topeka, KS 66611.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Lot 0.67 ac (29,400 SF)
Zoning code C4
APN 146-13-0-10-14-029.00
UPID US33-1035776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3251 SW Topeka Blvd Topeka, KS 66611
Topeka metro Census 2800 TOPEKA, KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2024
Price N/A

Zoning & alternative use

C4 · Topeka, KS
Zoning description

This district is established to provide for commercial uses and activities which are intended to serve as community or regional service areas

General category COMMERCIAL

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
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