2350 Maize RdWichita, KS 67205

  • Strip malls
  • 33,528 SF
For Lease
$11/SF/YR View listing

Property Details for 2350 Maize Rd

Year built
1997
Lot size
2.64 AC
Property size (Sq ft)
33,528 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
087-133-05-0-33-02-009.01
APU
87133050330200901

Description

This exceptional retail property, located at 2350 N Maize Rd in Wichita, Kansas (zip code 67205), offers 11,696 square feet of immediately available space within a larger 33,528 square foot building. Situated on a 2.64-acre lot, this street retail space is part of a multi-tenant building and benefits from excellent visibility and accessibility along the highly desirable North Maize Road corridor in West Wichita. The property is zoned LC and is located in Sedgwick County. Building and monument signage opportunities are available. The area boasts a strong concentration of national and local retailers, including nearby Dillons (Kroger), Walmart, Starbucks, Target, and Chipotle, ensuring high foot traffic and consumer density. While the entire building comprises a single suite, the available space offers significant potential for a variety of retail uses. There are no elevators in the building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,596,160
    6.5%
    $7,011,840
    7%
    $6,510,994
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,165,904
    Geo Method
    $10,165,904
  • Alternative Use

    Use
    Valuation
    Residential
    $5,914,749
    Hospitality
    $5,417,878
    Educational
    $4,507,611
    Medical
    $4,662,634
    Retail
    $7,011,840
2350 Maize Rd, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7259
Longitude
-97.4613
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
$81,454
$187,175
$499,750
$686,925
-
$748,700
$1,999,000
$2,747,700

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