914 Harry StWichita, KS 67211

Property Details for 914 Harry St

Year built

1905

Lot size

0.13 AC

Property size (Sq ft)

8,682 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

087-128-28-0-34-10-005.00-C

APU

087128280341000500C

Description

This 8,682 square foot building, situated on a 0.49-acre lot at 914 E. Harry St. in Wichita, Kansas (zip code 67211), presents a compelling redevelopment opportunity. Built in 1905, the property boasts a prime location near the high-traffic intersection of Harry and Washington streets, ensuring excellent visibility and accessibility. The building's permitted zoning is Limited Industrial, offering flexibility for various uses. Ample parking is available on-site. The property enjoys convenient access to Downtown Wichita and Interstate 135, enhancing its appeal to a wide range of potential buyers. The asking price is $110,000. 2023 property taxes totaled $1,096.77 ($1,089.66 general taxes and $7.11 special taxes). This versatile property is ideal for investors seeking a project with significant potential in a thriving urban area. The substantial lot size and strategic location make it an attractive prospect for adaptive reuse or new construction.

• CAP approach

  CAP return

  Valuation

  6%

  $1,967,008

  6.5%

  $1,815,700

  7%

  $1,686,007

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,632,438

  Geo Method

  $2,632,438

• Alternative Use

  Use

  Valuation

  Residential

  $1,531,611

  Hospitality

  $1,402,947

  Educational

  $1,167,236

  Medical

  $1,207,379

  Retail

  $1,815,700

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6646

Longitude

-97.3271

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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