315 Hillside StWichita, KS 67214

  • Medical offices
  • 10,220 SF
For Lease
$144/SF/YR View listing

Property Details for 315 Hillside St

Year built
1968
Construction
FRAME
Lot size
0.70 AC
Property size (Sq ft)
10,220 SF
Property type
Medical offices
Property subtype
Medical centers
APN
087-125-22-0-11-08-010.00
APU
87125220110801000

Description

This exceptional single-story medical office building, located at 315 N Hillside, offers two available suites totaling 4,200 square feet of updated space. Ideally situated near Wesley and other medical campuses, this prime location provides unparalleled convenience and accessibility. Suite B comprises approximately 2,000 square feet, featuring seven individual offices, a reception area, check-in space, and a private bathroom. This suite is perfect for a smaller medical practice seeking a well-appointed and efficient workspace. Suite C offers a larger footprint of approximately 2,400 square feet, boasting twelve rooms, a reception area, check-in area, and a private bathroom. This expansive suite is ideal for larger medical practices or those requiring more extensive space. Both suites are available immediately and are being offered at a competitive rate of $12 per square foot. The building features ample parking for tenants and visitors, ensuring convenient access for both staff and patients. Minimum divisible space is 2,000 square feet, with a maximum contiguous space of 2,200 square feet. The building is conveniently located at the cross streets of Hillside and Central. This is a rare opportunity to secure high-quality medical office space in a thriving medical corridor. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,575,143
    6.5%
    $1,453,978
    7%
    $1,350,122
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,229,670
    Geo Method
    $1,229,670
  • Alternative Use

    Use
    Valuation
    Residential
    $1,802,933
    Hospitality
    $1,651,477
    Educational
    $1,374,009
    Medical
    $1,421,264
    Retail
    $2,137,348

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6905
Longitude
-97.2994
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
$19,489
$30,550
$156,190
$186,740
-
$122,200
$624,760
$746,960

FAQs

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