2035 Western AveTopeka, KS 66604

  • Industrial properties
  • 0.82 AC
For Lease
$4.95/SF/YR View listing

Property Details for 2035 Western Ave

Year built
1940
Lot size
0.82 AC
Zone code
I1
Property type
Industrial properties
Property subtype
Industrial live-work properties
APN
141-01-0-40-28-009.00
APU
141010402800900

Description

This exceptional 42,000 square foot commercial property, located at 2035 SW Western Ave, Topeka, KS 66604, presents a unique opportunity for businesses seeking flexible space. The building, classified as Class C, boasts a blend of warehouse and office space, ideal for a variety of uses. The property features a total of 42,000 square feet, with multiple tenancy options available, ranging from a minimum of 2,300 square feet to a maximum contiguous space of 8,300 square feet. Currently, 43,000 square feet is vacant and ready for immediate occupancy. The building is a two-story structure with a 17-foot ceiling height in the warehouse area, providing ample vertical space. Two loading docks facilitate efficient loading and unloading operations. The property is equipped with 200-400 AMP 480v 3-phase power. The building is constructed of brick and offers secure drive-in access. A partial renovation was completed in 2016. The property sits on a 35,775 square foot lot and is zoned I-1, Light Industrial, allowing for a wide range of industrial and light manufacturing uses. This prime location in Topeka, Kansas offers easy access to major transportation routes and a thriving local economy. Don't miss this chance to secure your ideal workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,701,274
    6.5%
    $7,108,868
    7%
    $6,601,092
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,966,428
    Geo Method
    $3,966,428
  • Alternative Use

    Use
    Valuation
    Residential
    $7,108,868
    Hospitality
    $6,511,685
    Educational
    $5,417,646
    Medical
    $5,603,966
    Retail
    $8,427,449
2035 Western Ave, Topeka, Kansas

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.0314
Longitude
-95.688
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
$42,874
-
-
-
-
-
-
-

FAQs

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