3035 Rock RdWichita, KS 67226

  • Strip malls
  • 34,418 SF
For Lease
$12/SF/YR View listing

Property Details for 3035 Rock Rd

Year built
1994
Lot size
3.11 AC
Property size (Sq ft)
34,418 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
087-109-31-0-44-03-003.01
APU
87109310440300301

Description

This exceptional 10,216-square-foot retail storefront is located at 3035 N Rock Rd in Wichita, Kansas, within Sedgwick County (zip code 67226). The property is a single-tenant space, ideal for a variety of retail businesses seeking high visibility and accessibility. The building is a single-story structure, offering convenient access for customers and employees. The property's prime location ensures significant foot traffic and exposure to a large customer base. With its ample square footage, this space presents a unique opportunity for businesses seeking to establish or expand their presence in the Wichita market. The vacant space is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. The property's address is easily accessible from major roadways, ensuring convenient access for customers and employees alike. This is a fantastic opportunity to secure a prominent retail location in a thriving area of Wichita. The property is classified as a storefront retail space. Further details regarding the property's specifics are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,714,460
    6.5%
    $6,197,960
    7%
    $5,755,250
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,259,140
    Geo Method
    $3,259,140
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $11,985,200
    Mixed-Use / Specialty
    $6,216,850
    Hospitality / Lodging
    $4,614,460
    Office
    $6,222,600
    Institutional / Educational
    $6,477,660
    Residential Income
    $7,578,860
    Multifamily
    $8,862,490
    Automotive / Energy
    $5,552,280
    Parking / Income-Based Land
    $1,875,540
    Restaurant / Food Service
    $3,320,890
    Healthcare / Senior Housing
    $6,333,230

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7381
Longitude
-97.2467
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
$82,131
$253,850
$484,375
$738,225
-
$1,015,400
$1,937,500
$2,952,900

FAQs

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