127 Van Buren StTopeka, KS 66603

  • Warehouses
  • 2,625 SF
For Sale
$750,000 View listing

Property Details for 127 Van Buren St

Year built
1988
Lot size
0.69 AC
Property size (Sq ft)
2,625 SF
Zone code
D3
Property type
Warehouses
Property subtype
Self storage facilities
APN
109-30-0-40-11-001.00
APU
109300401100100

Description

This exceptional Topeka, Kansas industrial property presents a compelling owner-user or investment opportunity. Encompassing 25,800 square feet across four single-story buildings constructed in 1935, 1965, and 1988, this complex sits on a 30,144 square foot lot zoned D3. The property features a unique blend of uses, including public storage with 15 dock-high doors accommodating step vans and pick-up trucks, commercial/industrial production space, and warehouse space. Multiple small office spaces offer potential for additional lease income. Currently, the property boasts multiple long-term tenants, providing a stable income stream. The sale includes the real estate only; all equipment is available for separate purchase. Significant upside potential exists for new owners to increase revenue through lease rate adjustments and property upgrades. Financial details are available under a confidentiality agreement. This is a rare chance to acquire a well-situated, multi-faceted industrial property in a growing market. The property is located at 127 NW Van Buren St, Topeka, KS 66603.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $521,638
    Hospitality
    $477,817
    Educational
    $397,538
    Medical
    $411,210
    Retail
    $618,393
127 Van Buren St, Topeka, Kansas

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.0607
Longitude
-95.6731
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
$19,330
-
-
-
-
-
-
$681,200

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