8625 37Th StWichita, KS 67226

  • Office properties
  • 5,700 SF
For Lease
$156/SF/YR View listing

Property Details for 8625 37Th St

Year built
2015
Construction
STEEL FRAME
Lot size
3.24 AC
Property size (Sq ft)
5,700 SF
Property type
Office properties
APN
087-109-32-0-21-02-001.00
APU
87109320210200100

Description

This exceptional 2015-built flex space, located at 8625 E 37th St N. Suite 104, Wichita, Kansas 67226, offers a clean and modern workspace ideal for a variety of businesses. Situated in the Cornerstone Business Park, this single-tenant suite boasts 100% climate control, ensuring year-round comfort. The property is part of a single-story building within a larger one-building complex, offering convenient access and ample parking. The suite is zoned for Limited Industrial use, providing flexibility for various business operations. High-speed internet access is facilitated by fiber availability. Located in Sedgwick County, this property benefits from a strategic location in Wichita, Kansas, providing easy access to major transportation routes and amenities. The property's modern design and functional layout make it an attractive option for businesses seeking a well-maintained and efficient workspace. This single-story building offers a practical and accessible environment for employees and clients alike. The property's location within the Cornerstone Business Park provides a professional and established business setting. The availability of fiber ensures reliable and high-speed internet connectivity, crucial for modern business operations. This flex space presents a unique opportunity to establish or expand your business in a prime Wichita location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $985,066
    6.5%
    $909,292
    7%
    $844,342
  • Comparable approach

    Method
    Valuation
    Relative Method
    $407,721
    Geo Method
    $407,721
  • Alternative Use

    Use
    Valuation
    Residential
    $1,127,522
    Hospitality
    $1,032,804
    Educational
    $859,281
    Medical
    $888,833
    Retail
    $1,336,659
8625 37Th St, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7517
Longitude
-97.2379
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
$61,058
$44,150
$552,050
$596,200
-
$176,600
$2,208,200
$2,384,800

FAQs

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