3420 SW Fairlawn Rd

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3420 SW Fairlawn Rd

Topeka, KS 66614
Asking Price
$2.31M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 6.59 acres in Topeka
  • Asking price for the property is $2,306,015
  • Located at 3420 SW Fairlawn Rd in Kansas
  • Property is currently available for purchase as commercial land
  • Positioned within a developing suburban market area in Topeka

What's Special

Priced at $2,306,015, this 6.59-acre commercial land parcel occupies a strategic position at 3420 SW Fairlawn Rd in Topeka, Kansas. The site offers significant development potential for investors and developers looking to capitalize on the growth patterns within this segment of the Topeka market. Given the commercial classification and overall acreage, the property is well-suited for a variety of business uses including retail centers, office complexes, or professional service facilities that require visibility and accessibility in a suburban setting. Topeka serves as a critical economic hub within Kansas, characterized by its steady population and proximity to major regional transit routes. Future occupants will benefit from the established infrastructure surrounding this submarket, which continues to support diverse commercial growth. The land provides a clear canvas for ground-up construction tailored to meet current tenant demands in the local economy.

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NOI
$80,000
Cap Rate
3.47%
DSCR
0.58
Underwater
Cash-on-Cash
-8.23%
Monthly Payment
$11,408.904
Annual Cash Flow
$-56,906.848

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