5255 Maize RdMaize, KS 67101

Property Details for 5255 Maize Rd

Year built

2002

Lot size

0.33 AC

Property size (Sq ft)

12,000 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

087-084-19-0-11-02-001.00-C

APU

087084190110200100C

Description

This exceptional 12,741 square foot retail center, built in 2002, is situated at 5255 N Maize Rd, Maize, KS 67101, conveniently located near the intersection of 53rd North and Maize Road, providing easy access to K-96 Highway. The property boasts a Class B rating and offers a single, one-story building with eight suites. Currently, 1,200 square feet of space is available for lease, representing a minimum divisible unit size. The maximum contiguous space available is also 1,200 square feet. The lot encompasses 44,093 square feet and includes ample parking with 50 spaces. The property is zoned GO and is ideal for retail, restaurant, salon, or office uses. This high-visibility location presents a fantastic opportunity for businesses seeking to thrive in a rapidly expanding Wichita submarket. The property's convenient access and ample parking make it an attractive option for customers and employees alike.

• CAP approach

  CAP return

  Valuation

  6%

  $2,718,740

  6.5%

  $2,509,606

  7%

  $2,330,348

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,638,477

  Geo Method

  $3,638,477

• Alternative Use

  Use

  Valuation

  Residential

  $2,116,947

  Hospitality

  $1,939,112

  Educational

  $1,613,318

  Medical

  $1,668,803

  Retail

  $2,509,606

Location Insight

City

Maize

County

Sedgwick

State

Kansas

Latitude

37.7795

Longitude

-97.4636

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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