Industrial Flex Warehouse For
110 West 29th St N, Wichita, KS 67204
For Sale
Contact for pricing
Industrial flex/warehouse with updated systems and secure storage yard.
Property Size3,280 SF
Price / SF$91.16
Days on Market273
Property Features for 110 West 29th St N
General Information
Standard status
Size
Class
Property subtype
Zoning
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
J.P. Weigand & Sons Inc.
Listed By:
Matthew McClure · License KS #00246245
(913) 707-8992
Source:
Crexi
Added: Feb 11
Changed: Aug 23
Last Checked: Aug 14 at 7:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.P. Weigand & Sons Inc.
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Investment Insights
Based on property information with market context.
This industrial flex/warehouse property is configured to suit both owner-users and investors. It features three overhead doors, facilitating access and drive-in operations. The property includes office space and a bathroom equipped with a shower, providing functional shop amenities. Updated systems include new paint, garage doors, and updated sewer, electrical, and lighting. A fenced outside storage yard offers secure outdoor space for equipment or materials. The property size is 3280 square feet.
Key Highlights
- Industrial flex / warehouse configuration ideal for owner‑users or investors.
- Three overhead doors for ease of access and drive‑in operations.
- Fenced outside storage yard provides secure outdoor space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,973
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,460
$519.5K
Cap Rate 7%
$371,043
$371.0K
Cap Rate 9%
$288,589
$288.6K
Market Conditions
NOI Build-Up for 3,280 SF
Gross rent
$42.5K $12.96/SF
− Vacancy
−$2.6K −$0.78/SF
EGI
$40.0K $12.18/SF
− OpEx
−$14.0K −$4.26/SF
NOI
$26.0K $7.92/SF
Area
Wichita, KS
Vacancy
6.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,460
Cap Rate 7%
$371,043
Cap Rate 9%
$288,589
Alternative Uses
Best Use
Flex RnD
$371.0K
$324.7K – $432.9K
NOI $25,973 @ 7.0% cap · market cap 8.69%
Second Best
Industrial
$310.4K
$271.6K – $362.1K
NOI $21,725 @ 7.0% cap · market cap 7.27%
Theoretical Best
Office A
$812.1K
$710.6K – $947.5K
NOI $56,850 @ 7.0% cap · market cap 19.01%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 67204, KS
21,932
Population
9,424
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
79%
High-School Grad
16.1 sq mi
ZIP Area
1,362
Density / Sq Mi
$68,549
Median Household Income
$39,258
Median Earnings
$976
Median Rent
$148,900
Median Home Value
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Market
Properties on Market for Flex space in Wichita
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Big Chill Ice Cream — 104 East 29th St N, Wichita, KS 67219
- Stellar Bartending — 3425 S Broadway, Wichita, KS 67219
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex/warehouse with updated systems and secure storage yard.
Where is this flex space located?
The property is located at 110 West 29th St N Wichita, KS.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Industrial flex / warehouse configuration ideal for owner‑users or investors.; Three overhead doors for ease of access and drive‑in operations.; Fenced outside storage yard provides secure outdoor space.
