650 Westdale DrWichita, KS 67209

Property Details for 650 Westdale Dr

Year built

1974

Construction

FRAME

Lot size

1.00 AC

Property size (Sq ft)

24,826 SF

Property type

Office buildings

APN

087-137-26-0-24-01-003.00

APU

87137260240100300

Description

This exceptional office property, located at 650 S. Westdale Dr. in West Wichita, offers a variety of suite sizes ranging from 165 to 1,920 square feet within a 24,826 square foot building. The property boasts a corporate office setting ideal for businesses seeking a professional image. Ample door-side parking is readily available for tenants and their clients, ensuring convenient access. The flexible layout allows for the combination of multiple suites to accommodate businesses of varying sizes and needs. This presents a unique opportunity for expansion or consolidation. The building, constructed in 1974, sits on a substantial 43,491 square foot lot, providing ample space and potential for future development. The property is zoned GO, offering versatility for various commercial uses. The two-story building presents a classic and established presence in the West Wichita business district. Signage opportunities are available, providing excellent visibility and brand recognition for tenants. This is a rare opportunity to secure office space in a well-maintained and conveniently located building with significant potential. The property's size and features make it suitable for a wide range of businesses seeking a professional and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,826,272

  6.5%

  $3,531,944

  7%

  $3,279,662

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,987,064

  Geo Method

  $2,987,064

• Alternative Use

  Use

  Valuation

  Residential

  $4,379,610

  Hospitality

  $4,011,699

  Educational

  $3,337,686

  Medical

  $3,452,475

  Retail

  $5,191,957

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6744

Longitude

-97.3987

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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