4219 Irving StWichita, KS 67209

  • Office properties
  • 31,040 SF
For Lease
$8/SF/YR View listing

Property Details for 4219 Irving St

Year built
1962
Construction
STEEL FRAME
Lot size
2.07 AC
Property size (Sq ft)
31,040 SF
Property type
Office properties
APN
087-137-26-0-41-01-002.00-B
APU
087137260410100200B

Description

This Wichita, Kansas commercial property at 4219 W Irving St, zip code 67209, offers 40,040 square feet of combined office and warehouse space. The property consists of four buildings on 2.07 acres of land, built in 1964, and is zoned for Limited Industrial use. Currently, 34,040 square feet is vacant and available for lease, divisible into spaces as small as 12,080 square feet, with a maximum contiguous space of 34,040 square feet. Ceiling heights range from 14 to 20 feet. The property boasts three drive-in bays and ample parking with 49 total spaces. This exceptional location offers high visibility and accessibility, situated near major retailers such as Dutch Bros, Starbucks, Walmart, and Sam's Club, with easy access from South West Street and West Kellogg. Tenant improvements are available to customize the space to meet specific business needs. This presents a unique opportunity to establish a business in a thriving, high-demand area of Wichita.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,783,996
    6.5%
    $4,415,996
    7%
    $4,100,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,734,733
    Geo Method
    $3,734,733
  • Alternative Use

    Use
    Valuation
    Residential
    $5,475,836
    Hospitality
    $5,015,836
    Educational
    $4,173,116
    Medical
    $4,316,636
    Retail
    $6,491,514

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6718
Longitude
-97.3924
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
$14,999
$22,550
$127,600
$150,150
-
$90,200
$510,400
$600,600

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