9103 37Th StWichita, KS 67226

  • Office properties
  • 10,032 SF
For Lease
$10/SF/YR View listing

Property Details for 9103 37Th St

Year built
1984
Lot size
1.28 AC
Property size (Sq ft)
10,032 SF
Property type
Office properties
APN
087-109-32-0-11-01-008.00
APU
87109320110100800

Description

This exceptional 10,032-square-foot free-standing office warehouse in Northeast Wichita, Kansas, presents a unique leasing opportunity. Built in 1984, the single-tenant building boasts 18-foot ceilings, providing ample space for various industrial and office needs. The property features high-quality office finishes, new LED lighting, and a mezzanine for added storage. Access is convenient with one grade-level and one dock-high garage door, complemented by 31 parking spaces. The building is equipped with robust 480v 3-phase power. The zoning is Limited Industrial. Strategically located near major transportation arteries, including quick access to Highway K-96 via Rock Road or Webb Road, this property enjoys excellent visibility and proximity to prominent businesses such as an Amazon distribution center, POET Biofuels headquarters, and Jabara Airport. The potential for additional outdoor storage adds further value. This is an ideal location for businesses seeking a functional and well-situated space in a thriving industrial area of Wichita. The address is 9103 E 37th St N, Wichita, KS 67226.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,733,716
    6.5%
    $1,600,353
    7%
    $1,486,042
  • Comparable approach

    Method
    Valuation
    Relative Method
    $717,589
    Geo Method
    $717,589
  • Alternative Use

    Use
    Valuation
    Residential
    $1,984,438
    Hospitality
    $1,817,734
    Educational
    $1,512,334
    Medical
    $1,564,345
    Retail
    $2,352,519

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7518
Longitude
-97.2323
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
$15,826
$17,400
$127,183
$144,583
-
$69,600
$508,730
$578,330

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