800 11Th StWichita, KS 67214

Property Details for 800 11Th St

Year built

1965

Construction

CONCRETE BLOCKS

Lot size

0.48 AC

Property size (Sq ft)

28,605 SF

Property type

Office properties

APN

087-125-16-0-21-02-003.00-C

APU

087125160210200300C

Description

This exceptional industrial property, located at 800 E 11th St N in Wichita, Kansas, offers 28,274 square feet of versatile space, ideal for a variety of manufacturing and flex uses. The single-story building, constructed in 1958 and extensively renovated in 2019, features a 10-foot ceiling height and boasts multiple units ranging from 800 to 2,960 square feet. Currently, 900 square feet are vacant. The property sits on 0.32 acres of land and is zoned LI. Each unit includes features such as new LED lighting, new AC, fresh paint, and a private bathroom. Utilities are individually sub-metered for accurate cost tracking. Security is enhanced with video monitoring and security lights. The property also provides access to a 14,000 square foot gated, paved, and lit storage lot, further enhancing its appeal. The building offers one drive-in door and three-phase power is available. Lease terms are one year with yearly renewal options. This prime Downtown Wichita location provides easy access to major transportation routes and is perfect for businesses seeking a professional and secure environment. The available units are ready for immediate occupancy. This property is an excellent opportunity for entrepreneurs and businesses in various industries, including warehousing, manufacturing, and skilled trades such as plumbing, HVAC, electrical, carpentry, welding, and CNC machining.

• CAP approach

  CAP return

  Valuation

  6%

  $4,408,705

  6.5%

  $4,069,574

  7%

  $3,778,890

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,441,754

  Geo Method

  $3,441,754

• Alternative Use

  Use

  Valuation

  Residential

  $5,046,272

  Hospitality

  $4,622,358

  Educational

  $3,845,747

  Medical

  $3,978,008

  Retail

  $5,982,274

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.7048

Longitude

-97.3285

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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