7717 29Th StWichita, KS 67226

Property Details for 7717 29Th St

Year built

1990

Lot size

0.93 AC

Property size (Sq ft)

8,603 SF

Property type

Medical offices

Property subtype

Medical centers

APN

087-113-06-0-11-01-003.00

APU

87113060110100300

Description

This single-tenant, 8,603-square-foot office building is located at 7717 East 29th St N, Wichita, KS 67226, situated on a 0.93-acre lot (40,647 square feet). Built in 1990, this Class B property features a single-story structure with 51 total parking spaces. The building is currently vacant and offers significant potential for a variety of uses. Previously occupied by an eye care clinic, the interior is already built out with multiple exam rooms and offices, providing a head start for a medical or executive office tenant. The property boasts 220-volt power but lacks elevators. Zoned for general office use, this property presents a unique opportunity in a convenient Wichita location, near E 29th Street N. The property's assessed taxes are $3.39 per square foot. The APN is 087-113-06-0-11-01-003.00. This is a single-tenant building with ample parking and a desirable location. The property's size and existing build-out make it an attractive option for various businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,486,758

  6.5%

  $1,372,392

  7%

  $1,274,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $783,298

  Geo Method

  $783,298

• Alternative Use

  Use

  Valuation

  Residential

  $1,701,766

  Hospitality

  $1,558,809

  Educational

  $1,296,911

  Medical

  $1,341,513

  Retail

  $2,017,417

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.7372

Longitude

-97.248

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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