2900 Wanamaker DrTopeka, KS 66614

Property Details for 2900 Wanamaker Dr

Year built

1983

Lot size

1.14 AC

Zone code

C4

Property type

Office buildings

APN

145-16-0-20-02-004.00

APU

145160200200400

Description

This exceptional investment opportunity presents two professional office buildings totaling 13,878 square feet, situated on a substantial 92,906 square foot lot at 2900 & 2930 SW Wanamaker Dr, Topeka, KS 66614. The property boasts a prime location, just one block east of the bustling 29th & Wanamaker area, offering excellent visibility and signage opportunities. Easy access to I-470 ensures convenient commutes for tenants and clients. Built in 1983 and renovated in 2008, these two-story buildings are classified as Class C and are zoned C4. The asking price is $1,900,000, translating to $136.91 per square foot. This presents a compelling opportunity for owner-occupants or landlords seeking a strong return on investment in a thriving Topeka location. The property's size and location make it ideal for a variety of uses. This is a rare chance to acquire a well-maintained, strategically positioned office complex in a desirable area of Topeka, Kansas.

• CAP approach

  CAP return

  Valuation

  6%

  $8,606,425

  6.5%

  $7,944,392

  7%

  $7,376,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,546,028

  Geo Method

  $3,546,028

• Alternative Use

  Use

  Valuation

  Residential

  $9,851,047

  Hospitality

  $9,023,506

  Educational

  $7,507,451

  Medical

  $7,765,644

  Retail

  $11,678,257

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0141

Longitude

-95.758

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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