8335 Kellogg DrWichita, KS 67207

Property Details for 8335 Kellogg Dr

Year built

1975

Construction

FRAME

Lot size

0.75 AC

Property size (Sq ft)

9,883 SF

Property type

Office buildings

APN

087-119-29-0-21-02-002.00

APU

87119290210200200

Description

This exceptional retail property presents a prime investment opportunity in Sedgwick County, ideally situated just east of the bustling Eastgate Shopping Center. Boasting a substantial 9,883 square feet of single-tenant space, this property offers unparalleled visibility and accessibility due to its prominent location on East Kellogg. The expansive 48,563 square foot lot provides ample room for expansion, parking, and outdoor amenities. The property's versatile design lends itself to a variety of uses, including retail, quick-service restaurants (QSR), medical facilities, or automotive businesses. The high-traffic location ensures significant exposure to a large customer base, making it an attractive proposition for businesses seeking a strong foothold in a thriving commercial area. The excellent signage opportunities along East Kellogg further enhance the property's marketing potential. This is a rare chance to acquire a well-positioned, single-tenant retail space in a high-demand area with significant growth potential. The property's size and location make it an ideal investment for businesses seeking to establish a strong presence in a busy commercial corridor. The ample lot size offers flexibility for future development or expansion, adding to the property's long-term value. Serious inquiries are encouraged to explore this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,702,726

  6.5%

  $1,571,747

  7%

  $1,459,479

• Comparable approach

  Method

  Valuation

  Relative Method

  $996,442

  Geo Method

  $996,442

• Alternative Use

  Use

  Valuation

  Residential

  $1,948,966

  Hospitality

  $1,785,242

  Educational

  $1,485,301

  Medical

  $1,536,382

  Retail

  $2,310,468

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6785

Longitude

-97.2371

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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