3540 Comotara StWichita, KS 67226

  • Office properties
  • 10,398 SF
For Lease
$12/SF/YR View listing

Property Details for 3540 Comotara St

Year built
2003
Lot size
1.87 AC
Property size (Sq ft)
10,398 SF
Property type
Office properties
APN
087-109-32-0-24-01-002.00
APU
87109320240100200

Description

This exceptional 10,400-square-foot industrial property, situated in Sedgwick County's Comotara Industrial Park, presents a unique leasing opportunity. The building, constructed in 2003, features four individual suites totaling 10,400 square feet, with 1,875 square feet currently vacant. The property boasts a generous 81,498-square-foot lot and is zoned for Limited Industrial (LI) use. The building offers convenient access to Highway K-96, providing excellent transportation links. Each bay includes its own restroom facilities, adding to the functionality and convenience. The property features a "vanilla shell" interior, allowing for complete customization to suit a tenant's specific needs. Ample parking is available with 30 stalls provided. A convenient garage door is located on the north side of the building. The property's location south of 35th Street on North Comotara Street places it in the company of established businesses such as Logo Depot, House of Schwan, Next LED Signs, Patterson Dental, United Instruments, and NetApp, among others. This prime location and versatile space make this an ideal opportunity for a variety of industrial, warehouse, or distribution businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,796,968
    6.5%
    $1,658,739
    7%
    $1,540,258
  • Comparable approach

    Method
    Valuation
    Relative Method
    $743,769
    Geo Method
    $743,769
  • Alternative Use

    Use
    Valuation
    Residential
    $2,056,837
    Hospitality
    $1,884,051
    Educational
    $1,567,509
    Medical
    $1,621,418
    Retail
    $2,438,347
3540 Comotara St, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7483
Longitude
-97.2361
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
$17,402
$25,475
$139,058
$164,533
-
$101,900
$556,230
$658,130

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