8200 34Th StWichita, KS 67226

  • Office properties
  • 15,510 SF
For Lease
$17/SF/YR View listing

Property Details for 8200 34Th St

Year built
2000
Construction
FRAME
Lot size
1.48 AC
Property size (Sq ft)
15,510 SF
Property type
Office properties
APN
087-109-32-0-23-01-046.01
APU
87109320230104601

Description

This exceptional 1,500 square foot flex space, located within the prestigious Northrock Business Park at 8200 E 34th St N, Wichita, KS 67226, presents a unique opportunity. Situated in a single-story building constructed in 2000 and extensively renovated in 2022, this Class B property offers a blend of creative office and industrial flex space ideal for a variety of businesses. The suite is part of a larger complex comprising 18 buildings, offering ample space and potential for growth. The unit boasts a generous 16-foot ceiling height, providing versatile layout options. With 1,500 square feet currently vacant, this space is immediately available. The entire building encompasses 15,000 square feet and is divided into four suites, allowing for a collaborative or independent environment. The property features convenient drive-in access and ample parking with 40 total spaces available for tenants. The light industrial zoning allows for a broad range of uses. This prime location in Wichita, Kansas offers easy access to major transportation routes and a thriving business community. Don't miss this chance to secure a well-maintained, modern workspace in a sought-after business park.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,680,416
    6.5%
    $2,474,230
    7%
    $2,297,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,109,430
    Geo Method
    $1,109,430
  • Alternative Use

    Use
    Valuation
    Residential
    $3,068,046
    Hospitality
    $2,810,313
    Educational
    $2,338,148
    Medical
    $2,418,560
    Retail
    $3,637,118
8200 34Th St, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7473
Longitude
-97.2386
CBSA code
48620
CBSA name
WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$27,384
$20,100
$239,700
$259,800
-
$80,400
$958,800
$1,039,200

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