Back to Search
Property profile & analytics
FOR LEASE
Warehouses
414 SE Jefferson St Topeka, KS 66607
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US33-0937721
For Lease
1 / 9
Contact for pricing
414 SE Jefferson St, Topeka, KS 66607
View Listing →
Property summary
AI-generated overview
This exceptional 8,644-square-foot flex/warehouse property, located at 414 SE Jefferson St, Topeka, Kansas 66607, presents a significant opportunity. The single-story building, constructed in 1966, sits on a 16,719-square-foot lot in Shawnee County and offers a single-tenant occupancy. The property boasts a 12-foot ceiling height, providing ample vertical space for storage or racking systems. Convenient access is ensured by one loading dock and twelve parking spaces. The building's classification as both office and industrial space makes it highly versatile, suitable for a range of businesses requiring both office and warehouse functionality. Its strategic location offers easy access to Interstate 70, enhancing logistical efficiency for distribution and transportation needs. The entire 8,644 square feet is currently vacant, providing immediate occupancy for a new tenant. There are no elevators on the property.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Construction
CONCRETE BLOCKS
Total area
8,644 SF
Lot
0.41 ac (17,757 SF)
Zoning code
D3
APN
109-32-0-20-18-003.00
UPID
US33-0937721
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
Current use
Occupant on record · Public records
-
ALLSIGNS (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Rainbow Mountain LLC · 5 yrs held
Rainbow Mountain LLC
since 2021
1 recorded transaction
Zoning & alternative use
D3 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to reestablish and expand the linkage between downtown and the industrial uses along the Kansas River
Zone name
Downtown District
General category
INDUSTRIAL
Zone area
62.77 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
$550k
Range $495k – $605k · ±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
$64 / SF
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
$10,535
Tax year 2023
Assessed value
$70,400
Assessed 2023
Previous assessed
$70,400
+0.0% YoY
Effective rate
14.96%
On assessed value
Total market value
$281,600
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1966
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Total area
8,644 SF
Lot
0.41 ac (17,757 SF)
Zoning code
D3
APN
109-32-0-20-18-003.00
UPID
US33-0937721
Jurisdiction
SHAWNEE
Zoning & alternative use
D3 · Topeka, KSZoning D3 · permitted uses
D3 · Topeka, KS
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to reestablish and expand the linkage between downtown and the industrial uses along the Kansas River
Zone name
Downtown District
General category
INDUSTRIAL
Zone area
62.77 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Lot
0.41 ac
Current owner
From public records · entity-resolved
Rainbow Mountain LLC
Entity
Mailing address
414 SE JEFFERSON ST, TOPEKA, KS 66607-1134
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
—
Rainbow Mountain LLC
—
Deed
related
$37,000 · The Kaw Valley State Bank & Trust Co
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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
