Technical
Financial
Distress signals
Property profile

711 SW Topeka Blvd Topeka, KS 66603

FOR SALE
Parking lots & garages
Property ID
US33-0942302
0.26 ac lot
Entity Owned 4-yr Hold Free & Clear
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711 SW Topeka Blvd, Topeka, KS 66603 For Sale
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711 SW Topeka Blvd, Topeka, KS 66603
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Property summary

AI-generated overview

This 11,250 square foot asphalt lot, located at 711 SW Topeka Blvd in Topeka, Kansas (zip code 66603), presents a unique investment opportunity. Currently zoned PUD and C-3, the property boasts convenient curb cuts allowing for easy right-in/right-out access. The lot comfortably accommodates 32 or more parking spaces, making it ideal for various commercial or industrial uses. Its prime location, just one block from the Kansas State Capitol grounds, places it within a high-traffic area with excellent visibility. Nearby amenities include office buildings, retail establishments, restaurants, and shopping options, ensuring high foot traffic and potential customer base. The lot's existing asphalt surface is ready for immediate use. While currently suitable for parking, retail usage would require rezoning. An adjoining asphalt parking lot is also available for purchase. The asking price for this 11,250 square foot lot is $95,000, representing a land value of $7.56 per square foot. This property offers significant potential for investors seeking a strategic location in a thriving area of Topeka.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.26 ac (11,250 SF)
Zoning code PUD, C3
APN 109-31-0-20-32-013.00
UPID US33-0942302

Cap rate & NOI

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

Location

711 SW Topeka Blvd Topeka, KS 66603
Topeka metro Census 4000 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
$245k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

PUD, C3 · Topeka, KS

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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