3110 Topeka BlvdTopeka, KS 66611

  • Parking lots & garages
  • 0.85 AC

Property Details for 3110 Topeka Blvd

Lot size
0.85 AC
Zone code
C4, I1
Property type
Parking lots & garages
APN
134-18-0-20-04-010.00
APU
134180200401000

Description

This exceptional 0.85-acre retail land parcel, located at 3110 SW Topeka Boulevard in Topeka, Kansas, offers 36,948 square feet of development potential. Situated in Shawnee County, this single-tenant property boasts unparalleled visibility, experiencing a daily traffic count exceeding 17,400 vehicles on SW Topeka Boulevard. The property's prime location ensures high foot traffic and excellent brand exposure, making it an ideal site for a variety of retail businesses. The expansive lot provides ample space for building construction and ample parking, catering to the needs of a substantial customer base. This is a rare opportunity to secure a highly visible and strategically located retail property in a thriving area of Topeka. The property is zoned for retail use and is ready for immediate development. The address is 3110 SW Topeka Blvd, Topeka, KS 66611. This exceptional location offers businesses the chance to establish a strong presence in a busy commercial corridor. The property's size and visibility make it a compelling investment opportunity for businesses seeking to expand their reach in the Topeka market. Interested parties are encouraged to inquire for further details and to explore the possibilities this prime retail location offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,428,762
    6.5%
    $8,703,473
    7%
    $8,081,796
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,660,084
    Geo Method
    $6,660,084
  • Alternative Use

    Use
    Valuation
    Residential
    $7,341,705
    Hospitality
    $6,724,962
    Educational
    $5,595,090
    Medical
    $5,787,514
    Retail
    $8,703,473

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.012
Longitude
-95.6869
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
$6,851
-
-
$45,785
-
-
-
$183,140

FAQs

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