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Property profile & analytics
FOR SALE
Retail space

930 SW 6Th Ave Topeka, KS 66606

0.52 ac lot Built 1930
Entity Owned 18-yr Hold Free & Clear
Property ID
US33-1016140
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents three buildings totaling 13,200 net rentable square feet on a 54,888 square foot lot in downtown Topeka, Kansas. Located at 930 SW 6th Ave and encompassing additional addresses (520 SW Fillmore, 1000 SW 6th, 1006 SW 6th, 1010 SW 6th), this property boasts a prime location just west of 6th and Topeka Blvd. The three buildings, constructed in 1930 or later, offer a unique blend of flex, garage/parking, and warehouse space, currently 100% occupied until May 30, 2024. With a C-class designation, the property features a ceiling height ranging from 9 to 14 feet and is zoned X1 and C4. The substantial 55,000 square feet of air rights present significant expansion potential. This mixed-use, special-purpose property is offered at $999,999 and includes two vacant lots, providing ample space for future development. The property's long history as a Topeka landmark and its prominent location offer excellent visibility and potential for various retail and warehouse uses. This is a rare chance to acquire a significant downtown Topeka property with substantial redevelopment potential. The property's three buildings are situated on five lots. Further details, including the APN, are available upon request.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Lot 0.52 ac (22,500 SF)
Zoning code C4
APN 109-31-0-20-16-012.00
UPID US33-1016140
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
  • Auto's Inc Car Dealership
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
Autos INC · 18 yrs held
Autos INC
since 2008
2 recorded transactions
2008
$2,500
2006
Price N/A
Zoning & alternative use
C4 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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

Zone name Commercial District
General category COMMERCIAL
Zone area 984.63 ac
Source Realmo
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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