MCRE, LLC - Henry McClure -

Topeka's governing body made two housing calls on Nov. 10 that every developer and investor in town should know about. Ardmore Walk gets its RHID started. The council voted to send a Reinvestment Housing Incentive District application for Ardmore Walk Addition No. 1 to the Kansas Secretary of Commerce. The project is 42 luxury homes near SW Lakeside Drive and 45th Street. The city is clearly willing to use incentives for new homes in southwest Topeka. The question is whether every applicant gets the same treatment. Source: Topeka Capital-Journal, https://www.cjonline.com/story/news/local/2026/11/11/southwest-topeka-luxury-home-development-could-get-tax-benefits/92716066007/ Missing-middle housing goes on the shelf. A proposed ordinance would have let owners in single-family neighborhoods apply for a conditional use permit to build duplexes, triplexes and quadplexes without rezoning. The council shelved it for more research, and city officials say action likely won'...

Here's what's new in Topeka and Shawnee County real estate this week, and where I see a deal. Cheap residential ground on SE Adams. 29.5 acres zoned R-1 in the Shawnee Heights school district is listed at $125,000, about $4,240 an acre. It isn't subdivided, so it could become a single build site, several homesites, or a future subdivision. Listing: https://global.bhhs.com/landlots-for-sale/SE-Adams-St-Topeka-KS-66609-437663127 A new land comp in south Topeka. At the Oct 6 Southwest Topeka land auction, the roughly 170-acre I-1 tract near US-75 and SW 57th Street sold for $4,450 an acre, about $756,500. That's a real per-acre number to price land against in that corridor. Results: https://kansas-s.hibid.com/catalog/771419/southwest-topeka-land-auction---4-tracts A flexible corner on South Topeka Boulevard. 3605 SW Topeka Blvd offers 2.1 acres zoned C-4 plus PUD across from the old White Lakes Mall area, near I-470, for $249,900. Listing: https://www.re...

Here's what's new in the Topeka and Shawnee County market this week. 2614 SW 17th St, $375,000. This is a 3,600 sf former Fuzzy's Taco Shop on 0.22 acres zoned C-2, two blocks from Washburn University. The hood, Ansul fire suppression and two walk-in coolers are still there, and it has a newer roof and a resurfaced lot. https://realeascend.com/ks-real-estate/topeka/2614-sw-17th-street-mls-2648203 1834 NW Topeka Blvd, $275,000. This 6,764 sf C4 building on 0.43 acres in North Topeka has retail space, a garage, a tavern that has been closed for years, and two apartments upstairs. KDOT counts 18,865 cars a day going past. https://showcase.realestatedigital.com/property-details/1834-nw-topeka-blvd-topeka-ks-66608-200000084767?l=427614917 Sheriff sales. Nov 10: 5840 SW Fairlawn Rd and 2522 SE Illinois Ave. Nov 17: 951 SW Woodbridge Pl, 826 SW Webster Ave and 5630 SW 17th St. Sales start at 10am sharp in the Shawnee County Courthouse sub-basement, 200 SE 7th St...

Blackstone Inc.’s marquee real estate unit is facing a significant leadership overhaul following a mini-exodus of senior talent, capped by the shock departure of global real estate head Nadeem Meghji (https://www.google.com/search?kgmid=%2Fg%2F11kxksvgxd&q=Nadeem+Meghji). Meghji (https://www.google.com/search?kgmid=%2Fg%2F11kxksvgxd&q=Meghji) announced his exit in September 2026 after less than ten months as sole leader of the division. He follows a trail of roughly a dozen senior managing directors—nearly a third of the unit's senior leadership—who have left the firm over the past three years. Longtime veterans David Levine and Giovanni Cutaia (https://www.google.com/search?kgmid=%2Fg%2F11g9nblmgj&q=Giovanni+Cutaia) have stepped in as co-heads to steer the division through its most turbulent period since the financial crisis. [1] (https://www.wsj.com/real-estate/commercial/dwindling-pay-fuels-high-profile-exits-from-blackstones-marquee-real-estate-team-317f2676), [2] (...

Two new Keller Williams One Legacy multifamily packages hit the Topeka market overnight, both priced right around $50,000 a door. 515 SW Buchanan St, Topeka 66606, $900,000. This is an 18-unit building with about 12,000 square feet, built in 1970, and the largest new multifamily ask this morning. Rent roll is available on request. https://www.coldwellbanker.com/ks/topeka/515-sw-buchanan-st/lid-P00800000HJzVC0Ayy8YCmRkXCUCk8PO1cILyGZg 1337 SW Clay St, Topeka 66604, $500,000. This is a 10-unit building near downtown with about 8,538 square feet, built in 1967. Shawnee County's 2026 appraised value is $398,270, so the ask sits well above county value and needs a hard look at rents and condition. https://www.coldwellbanker.com/ks/topeka/1337-sw-clay-st/lid-P00800000HJzVBrKVMjyQ5qVMOfrKDv1FMXiqyZx The City of Topeka's Residential Development Forum runs this morning from 10:00 AM to 12:00 PM CST at the Topeka Area Building Association, 1112 SW 6th Ave, with registr...

https://grok.com/share/c2hhcmQtMi1jb3B5_8bfee5c5-4d57-4fed-afcb-3758051a63f2   Henry McClure   785.383.9994 sent from mobile 📱 time kills deals

Here are the Topeka and Shawnee County properties and news worth a look this week. 225 NW Curtis St, $625,000. This 2.41-acre site in the North Topeka Arts District has 15,625 sf of shop, office, and warehouse buildings across from the Great Overland Station, near the planned pedestrian bridge landing. Phase I and II environmental reports are complete, and the listing names TIF, IRB, and NRA as possible tools. https://www.commercialsearch.com/commercial-property/us/ks/topeka/225-nw-curtis-st-topeka-ks-66608/ 1116 SE 6th St, $349,900. It's a 4,820 sf, three-suite building anchored by a 3,280 sf restaurant that's nearly ready to reopen, and the seller will finance. https://jeffreykrantz.remax-midstates.com/realestate/details/21548177/1116-se-6th-street-topeka-ks-66607 5870 and 5872 SW Woodbridge Dr, $2,000,777. These are four 2015-built duplexes (8 units of 4 bed, 3 bath) that are fully occupied, with tenant-paid utilities and rents below market. https://www.co...