6531 Forbes AveTopeka, KS 66619

Property Details for 6531 Forbes Ave

Year built

1997

Lot size

1.93 AC

Zone code

I1

Property type

Office buildings

APN

203-06-0-00-01-004.01

APU

203060000100401

Description

This 63,500 square foot flex/R&D space in Topeka, Kansas, offers a unique blend of office and industrial functionality. Located at 6531 SE Forbes Ave, this 1.92-acre property (83,863 sq ft lot) boasts 28,200 square feet of immediately available space, with multiple units ranging from 5,000 to 16,882 square feet. Built in 1997, the building features a 16-foot ceiling height, two loading docks, and ample parking for 175 vehicles. The property includes a well-designed office environment with exterior offices, multiple entrances for employees and customers, and several dock and grade-level door entrances for service areas. The building is fully air-conditioned with two newer units and includes a 5,000 square foot below-grade data center wired for a generator. The space is designed for efficient material handling, featuring large overhead or swing-open doors accommodating vehicle entry, 48-inch minimum interior doors (forklift sized), and a 12' x 8' minimum clear concrete area at the trailer end connected to the truck bay via a sloped ramp and concrete sidewalk. A 5,000-pound capacity monorail hoist with a 10-foot lift height is also included. A training/conference room for approximately 20-25 people is available. The property is zoned I-1 and is ideally suited for various uses, including cryptocurrency mining. This exceptional property presents a rare opportunity in the Topeka market.

• CAP approach

  CAP return

  Valuation

  6%

  $14,112,113

  6.5%

  $13,026,566

  7%

  $12,096,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,998,720

  Geo Method

  $5,998,720

• Alternative Use

  Use

  Valuation

  Residential

  $16,152,942

  Hospitality

  $14,796,008

  Educational

  $12,310,105

  Medical

  $12,733,468

  Retail

  $19,149,052

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

38.9493

Longitude

-95.678

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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