5040 28Th StTopeka, KS 66614

Property Details for 5040 28Th St

Year built

1985

Lot size

0.84 AC

Zone code

OI2

Property type

Office properties

APN

142-10-0-30-10-005.00-2

APU

1421003010005002

Description

This exceptional executive office condo, located at 5040 SW 28th Street in Topeka, Kansas, offers a fantastic opportunity for businesses seeking a prestigious and convenient location. The property boasts a total of 8,336 square feet, with 636 square feet currently available for lease in a multi-tenant building. Built in 1985, this well-maintained office space benefits from its O&1-2 zoning designation. Situated on a generous 36,590 square foot lot, the building provides ample parking and a pleasant working environment. Enjoy stunning green views overlooking Shunga Creek and Crestview Park, offering a tranquil escape from the everyday hustle. The strategic location just off Fairlawn Road provides easy access to I-470 Highway, ensuring seamless commutes for employees and clients alike. The property's traditional office layout is ideal for a variety of businesses, and the available space is ready for immediate occupancy. This is a rare opportunity to secure a highly desirable office space in a sought-after Topeka location. The property is located in Shawnee County, Kansas, with a zip code of 66614.

• CAP approach

  CAP return

  Valuation

  6%

  $6,352,261

  6.5%

  $5,863,626

  7%

  $5,444,795

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,617,283

  Geo Method

  $2,617,283

• Alternative Use

  Use

  Valuation

  Residential

  $7,270,896

  Hospitality

  $6,660,102

  Educational

  $5,541,126

  Medical

  $5,731,694

  Retail

  $8,619,530

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0168

Longitude

-95.7412

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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