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Property profile & analytics
OFF-MARKET
Warehouses
5040 Us Hwy 24 Topeka, KS 66618-3815
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US33-0970209
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Lot
63.57 ac (2,769,109 SF)
Zoning code
I2
APN
095-15-0-30-01-001.00
UPID
US33-0970209
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
by Request
Owner & transaction history
Ptmw INC · 12 yrs held
Ptmw INC
since 2014
3 recorded transactions
Zoning & alternative use
I2 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide for the use and location of all other uses excluded in other districts except for residential dwellings
Zone name
Heavy Industrial District
General category
INDUSTRIAL
Zone area
1,453.42 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$260,581
Tax year 2023
Applied tax rate
258.0000
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
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
REFRIGERATOR
Lot
63.57 ac (2,769,109 SF)
Zoning code
I2
APN
095-15-0-30-01-001.00
UPID
US33-0970209
Jurisdiction
SHAWNEE
Zoning & alternative use
I2 · Topeka, KSZoning I2 · permitted uses
I2 · 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 the use and location of all other uses excluded in other districts except for residential dwellings
Zone name
Heavy Industrial District
General category
INDUSTRIAL
Zone area
1,453.42 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Cooling
Yes
Lot
63.57 ac
Current owner
From public records · entity-resolved
Ptmw INC
Entity
Mailing address
5040 NW US HWY 24, TOPEKA, KS 66618-3815
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
—
Ptmw INC
—
Deed
related
$9,321,300 · Capitol Federal Savings Bank
Feb 21, 2014
—
Ptmw INC
Ptmw Asset Management LLC
Quit Claim Deed
related
—
Jan 10, 2008
—
Payless Shoesource Distribution INC
City Of Topeka Kansas
Special Warranty Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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