3835 29Th StTopeka, KS 66614

Property Details for 3835 29Th St

Year built

1974

Construction

FRAME

Lot size

0.43 AC

Property size (Sq ft)

1,768 SF

Zone code

PUD, C4

Property type

Banks

APN

145-15-0-10-01-002.00

APU

145150100100200

Description

This exceptional 1,788 square foot freestanding retail building presents a unique investment opportunity. Located at the highly visible corner of 29th Street and Gage Boulevard in Shawnee County, Kansas, this property boasts significant drive-by traffic. Originally constructed in 1974, the single-tenant building sits on a spacious 18,807 square foot lot and offers ample parking with 18 spaces. Currently vacant, the entire 1,788 square feet is available for immediate occupancy. The property is zoned PUD, C4, allowing for a variety of retail uses. Its former use as a bank provides a solid foundation for a variety of businesses seeking high visibility and convenient access. The building's prominent location at a major intersection ensures maximum exposure to potential customers. This is an ideal opportunity for a business seeking a well-established location with excellent visibility and ample parking in a thriving commercial area. The property's size and zoning make it suitable for a range of retail concepts. Interested parties are encouraged to explore the potential of this prime retail space. The property's location on Gage Boulevard offers easy access and high visibility, making it an attractive option for businesses seeking a strong presence in the area. The ample parking further enhances the property's appeal to potential tenants and customers.

• CAP approach

  CAP return

  Valuation

  6%

  $451,190

  6.5%

  $416,483

  7%

  $386,734

• Comparable approach

  Method

  Valuation

  Relative Method

  $318,692

  Geo Method

  $318,692

• Alternative Use

  Use

  Valuation

  Residential

  $351,319

  Hospitality

  $321,807

  Educational

  $267,739

  Medical

  $276,947

  Retail

  $416,483

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0146

Longitude

-95.7258

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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