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    807-815 N Waco Ave Wichita, KS 67203

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    For Sale
    $1,750,000

    19,824 SF Class B office building in Wichita, Kansas.

    Property size:
    19,824 SF
    Lot size:
    0.62 Acres

    Property Features for 807-815 N Waco Ave

    General Information

    Size
    19,824 SF
    Lot size
    0.62 Acres

    Source: Sperry Ad Astra Commercial Agent Johanna Kellner - Ledesma

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Wichita Office Building

    This 19,824 square foot Class B office building, constructed in 1971, is fully leased and priced for sale. The property is 100% occupied, providing an immediate revenue stream with proven tenancy. It is positioned for long-term value and scaled returns, offering flexible exit options, including a potential sale-leaseback. The building is located just off the urban core, providing easy access and visibility. The property generates a Net Operating Income (NOI) of $153,861.59 and has a cap rate of 8.79%. The price per square foot is $95.84.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3424648
    Latitude
    37.6977251

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    FAQs

    What type of property is this?
    Office building - 19,824 SF Class B office building in Wichita, Kansas.
    Where is this office building located?
    The property is located at 807-815 N Waco Ave Wichita, KS.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - 100% Occupied - Immediate Revenue Stream; - Cap Rate: 8.79%; - NOI: $153,861.59
    (316) 312-3385
    Request Owner's contact information
    807-815 N Waco Ave Wichita, KS 67203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    807-815 N Waco Ave Wichita, KS 67203
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