534 Kansas AveTopeka, KS 66603

Property Details for 534 Kansas Ave

Year built

1970

Lot size

1.51 AC

Property size (Sq ft)

4,230 SF

Zone code

C5

Property type

Office buildings

APN

109-31-0-10-21-005.00

APU

109310102100500

Description

Townsite Tower offers exceptional office space in Topeka, Kansas, within the Kansas City submarket. This Class A property, encompassing four buildings with a total of 400,000 square feet, underwent a complete renovation in 2023. The complex boasts 16 stories and five elevators for convenient access. Tenants can choose from various spaces, with a minimum divisible area of 750 square feet and a maximum contiguous space of 40,000 square feet. Currently, 79,210 square feet of space is available for lease. The property, originally built in 1970, provides multiple tenancy options, catering to both executive and creative office needs. Located at 534 S Kansas Ave, Topeka, KS 66603, in Shawnee County, this prime location offers easy access to amenities and transportation. The modern design and updated amenities create a dynamic and productive work environment, perfect for attracting and retaining top talent. This is an unparalleled opportunity to secure high-quality office space in a thriving submarket. The building's updated infrastructure and contemporary design ensure a comfortable and efficient workspace. The flexible space options allow businesses of all sizes to find the perfect fit for their operational needs.

• CAP approach

  CAP return

  Valuation

  6%

  $711,807

  6.5%

  $657,052

  7%

  $610,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $302,572

  Geo Method

  $302,572

• Alternative Use

  Use

  Valuation

  Residential

  $814,745

  Hospitality

  $746,302

  Educational

  $620,914

  Medical

  $642,269

  Retail

  $965,867

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0523

Longitude

-95.6725

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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