2121 Chelsea DrTopeka, KS 66614
- Office buildings
- 2.46 AC
Property Details for 2121 Chelsea Dr
- Year built
- 1997
- Lot size
- 2.46 AC
- Zone code
- C2, C4
- Property type
- Office buildings
- APN
- 142-09-0-10-02-007.02
- APU
- 142090100200702
Description
This exceptional 20,790 square foot office building in Topeka, Kansas, presents a unique investment opportunity. Situated at 2121 SW Chelsea Drive, in Shawnee County, this 1997-built property offers flexible tenancy options, ideal for owner-occupancy or multiple tenants. The building boasts multiple entrances, ample parking, and a variety of spaces including sizeable open bullpen areas, private offices, substantial storage, and dedicated meeting/training rooms. A notable feature is a former recording studio with high ceilings and a convenient drive-in door, perfect for deliveries or specialized uses. The property sits on 2.46 acres of land and offers immediate access to I-470, providing excellent connectivity. Currently, one large space of 6,400 square feet is immediately available, but the entire 20,790 square feet can be leased or purchased. The existing owner may consider remaining as a tenant, adding to the versatility of this property. This well-maintained building offers a compelling opportunity for businesses seeking a prominent location with diverse space configurations to suit their needs. The property's location off 21st and Fairlawn in West Topeka ensures high visibility and easy access for employees and clients alike. The zip code is 66614.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $18,576,268
- 6.5%
- $17,147,324
- 7%
- $15,922,516
-
Comparable approach
- Method
- Valuation
- Relative Method
- $7,653,710
- Geo Method
- $7,653,710
-
Alternative Use
- Use
- Valuation
- Residential
- $21,262,682
- Hospitality
- $19,476,504
- Educational
- $16,204,222
- Medical
- $16,761,510
- Retail
- $25,206,568
Location Insight
- City
- Topeka
- County
- Shawnee
- State
- Kansas
- Latitude
- 39.0273
- Longitude
- -95.7484
- CBSA code
- 45820
- CBSA name
- TOPEKA, KS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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