Property profile

5900 SW 19Th Ter Topeka, KS 66604

FOR SALE
Commercial land
Property ID
US33-1005962
0.73 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.73-acre development site presents a unique opportunity in Topeka, Kansas. Located at 5900 SW 19th Terrace, this property is zoned R-1, requiring rezoning for the intended use. The asking price is $126,384. Its strategic location offers significant advantages for developers. Situated just one block from Wanamaker Road, Topeka's vibrant retail and restaurant district, the site enjoys high visibility and convenient access to a substantial customer base. Furthermore, the property's proximity to I-470 Highway ensures excellent connectivity for both employees and customers. The build-to-suit option provides flexibility for developers to tailor the project to their specific needs and vision. This makes it ideal for a variety of commercial developments, including retail spaces or office buildings. The address is within Shawnee County, Kansas, and has a zip code of 66604. The geographic coordinates are latitude 39.032203 and longitude -95.759817. This property represents a compelling investment opportunity in a thriving area of Topeka. The rezoning requirement presents a chance to shape the future of this promising location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.73 ac (31,596 SF)
Zoning code R1
APN 142-04-0-30-07-010.00
UPID US33-1005962

Cap rate & NOI

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

Location

5900 SW 19Th Ter Topeka, KS 66604
Topeka metro Census 2602 TOPEKA, KS METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Zoning & alternative use

R1 · Topeka, KS
Zoning description

This district is established to provide for the use of detached single-family dwellings together with specified accessory uses and other uses as may be approved

General category RESIDENTIAL

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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More about this property
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