8400 32Nd StWichita, KS 67226
- Office buildings
- 40,481 SF
Property Details for 8400 32Nd St
- Year built
- 1992
- Construction
- FRAME
- Lot size
- 2.65 AC
- Property size (Sq ft)
- 40,481 SF
- Property type
- Office buildings
- APN
- 087-109-32-0-31-01-004.00-C
- APU
- 087109320310100400C
Description
This exceptional 40,500-square-foot Class A office and industrial property, located at 8400 E. 32nd St. N. in Wichita, Kansas, presents a unique opportunity. Built in 1992, this single-story building sits on a 2.65-acre lot and offers a highly adaptable floor plan perfect for various uses, including creative office, coworking, traditional office, warehouse, call center, and data center operations. The space boasts impressive 22 to 25-foot ceiling heights, ample parking with 375 spaces, and a 400-amp power supply. The layout includes conference rooms, private offices, training rooms, a large café, an open call center area, and dedicated IT server rooms/storage with an 8' x 8' overhead door. The property is conveniently located just 0.21 miles from K-96, within the North Rock Road retail corridor, providing easy access to numerous amenities, including retail shops and restaurants. The minimum divisible space is 10,000 square feet, with a maximum contiguous space of 40,500 square feet, currently entirely vacant. Zoned LI, this property offers significant potential for a variety of businesses. Utilities (gas, electric, and janitorial) are the responsibility of the tenant. A virtual tour is available online. This is a truly versatile and well-situated property ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,995,869
- 6.5%
- $6,457,725
- 7%
- $5,996,459
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,289,835
- Geo Method
- $3,289,835
-
Alternative Use
- Use
- Valuation
- Residential
- $8,007,579
- Hospitality
- $7,334,900
- Educational
- $6,102,550
- Medical
- $6,312,426
- Retail
- $9,492,856
Location Insight
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Latitude
- 37.7435
- Longitude
- -97.2394
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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