9415 Harry StWichita, KS 67207

  • Office buildings
  • 8,632 SF
For Lease

Property Details for 9415 Harry St

Year built
1983
Construction
FRAME
Lot size
1.02 AC
Property size (Sq ft)
8,632 SF
Property type
Office buildings
APN
087-119-32-0-11-01-002.01
APU
87119320110100201

Description

This exceptional 66,710 square foot office park, located at 9415 E Harry St in Wichita, Kansas, presents a compelling investment opportunity. The property, built in 1998 and renovated in 2002, comprises eight single-story buildings totaling 30 suites, offering a minimum divisible space of 1,200 square feet. Currently, 4,869 square feet are vacant, providing immediate potential for rental income. The Class B property boasts ample door-side parking and all suites include private back patios. Tenants enjoy separately metered electric and natural gas, while trash and water services are covered by the landlord. Conveniently situated near major retailers like Dillons and Walgreens, and restaurants, the park offers easy access to key transportation arteries including Kellogg, I-35, and K-96. The property is zoned for General Office & Limited Commercial use and benefits from prominent monument signage on Harry Street. On-site management ensures efficient operation and responsiveness to tenant needs. This well-maintained, multi-building office park in Sedgwick County (zip code 67207) offers a strong foundation for immediate returns and long-term growth. The property's location and amenities make it an attractive option for a variety of businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,487,193
    6.5%
    $1,372,794
    7%
    $1,274,737
  • Comparable approach

    Method
    Valuation
    Relative Method
    $870,127
    Geo Method
    $870,127
  • Alternative Use

    Use
    Valuation
    Residential
    $1,702,264
    Hospitality
    $1,559,265
    Educational
    $1,297,290
    Medical
    $1,341,906
    Retail
    $2,018,006
9415 Harry St, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6643
Longitude
-97.2278
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
$15,227
$50,125
$88,600
$138,725
-
$200,500
$354,400
$554,900

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