2887 Macvicar AveTopeka, KS 66611

  • Office buildings
  • 3,350 SF
For Lease
$13.24/SF/YR View listing

Property Details for 2887 Macvicar Ave

Year built
1981
Construction
FRAME
Lot size
0.58 AC
Property size (Sq ft)
3,350 SF
Zone code
OI1
Property type
Office buildings
APN
141-11-0-40-02-012.00
APU
141110400201200

Description

This exceptional two-story office building, located at 2887 SW MacVicar Ave in Topeka, Kansas, offers a tranquil work environment with stunning views of Shunga Park. The 6,544 square foot building, constructed in 1981, is classified as Class B and sits on a generous 25,200 square foot lot. Currently, there is one available office space of 725 square feet, perfect for a small business or individual professional. The building features convenient front door parking and prominent signage opportunities. The lower level is designed for handicap accessibility, ensuring inclusivity for all tenants. The property is zoned O&I - 1 and is situated in a densely populated neighborhood, providing excellent visibility and accessibility. The quiet setting, combined with the proximity to Shunga Park, creates a unique and desirable work environment. This is a multiple tenancy building located in Shawnee County, Kansas, with a zip code of 66611. The building's location near 29th Street offers easy access to major transportation routes. This presents a rare opportunity to secure office space in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $563,724
    6.5%
    $520,361
    7%
    $483,192
  • Comparable approach

    Method
    Valuation
    Relative Method
    $239,626
    Geo Method
    $239,626
  • Alternative Use

    Use
    Valuation
    Residential
    $645,247
    Hospitality
    $591,043
    Educational
    $491,741
    Medical
    $508,652
    Retail
    $764,930

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.0161
Longitude
-95.7068
CBSA code
45820
CBSA name
TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,792
-
-
$78,800
-
-
-
$315,200

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