3406 Topeka BlvdTopeka, KS 66611

Property Details for 3406 Topeka Blvd

Year built

1974

Lot size

0.53 AC

Zone code

C4

Property type

Drive through restaurants

APN

134-18-0-30-03-004.00

APU

134180300300400

Description

This exceptional 3,656 square foot retail space, located at 3406 SW Topeka Boulevard in Topeka, Kansas, presents a compelling investment opportunity. Built in 1999, this single-tenant storefront property boasts a prime location on one of the city's highest traffic corners, ensuring excellent visibility and accessibility. Its strategic placement near the I-470/I-70 loop guarantees consistent, seven-day-a-week traffic flow. The property's proximity to several hotels and residential neighborhoods further enhances its appeal and potential for sustained success. The building is a single-story structure, offering convenient access and efficient use of space. This property is ideal for a variety of retail, restaurant, or special purpose businesses seeking a high-traffic location in a thriving area of Topeka. The 66611 zip code ensures easy access to a diverse customer base. This is a rare chance to acquire a well-situated commercial property in a dynamic and growing market. The property's size and location make it an attractive option for businesses seeking to establish a strong presence in Topeka.

• CAP approach

  CAP return

  Valuation

  6%

  $5,933,099

  6.5%

  $5,476,707

  7%

  $5,085,514

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,190,943

  Geo Method

  $4,190,943

• Alternative Use

  Use

  Valuation

  Residential

  $4,619,807

  Hospitality

  $4,231,718

  Educational

  $3,520,740

  Medical

  $3,641,824

  Retail

  $5,476,707

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.005

Longitude

-95.6871

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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