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    515 N Summit St Arkansas City, KS 67005

    For Sale
    Contact for pricing

    Former physician's office with ample parking in Arkansas City.

    Property size:
    4,080 SF
    Lot size:
    0.35 Acres

    Property Features for 515 N Summit St

    General Information

    Size
    4,080 SF
    Lot size
    0.35 Acres

    Source: J.P. Weigand & Sons, Inc. Agent Trevor Burford

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

    Overview

    Arkansas City Medical Office Building

    Located in Arkansas City, Kansas, this property features two tracts that can be purchased together or separately. The combined parcels total approximately 22,044 square feet along Summit Street, a main thoroughfare. Tract 1 is a 4,080-square-foot former physician's office with frontage on Summit Street. It sits on a 15,444-square-foot lot, providing parking for clients and employees. Tract 2 is a 6,600-square-foot vacant lot with gravel, currently used for overflow parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Arkansas City
    County
    Cowley
    State
    Kansas
    Longitude
    -97.0394009
    Latitude
    37.0677925

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    FAQs

    What type of property is this?
    Medical office - Former physician's office with ample parking in Arkansas City.
    Where is this medical office located?
    The property is located at 515 N Summit St Arkansas City, KS.
    What are key features of this property?
    This property features: - Prime location in the heart of Ark City, KS, on the main thoroughfare (Summit Street).; - Total of approximately 22,044 SF across two parcels.; - Tract 1: 4,080 SF former physician's office with frontage on Summit St.
    (316) 644-4276
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    515 N Summit St Arkansas City, KS 67005
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    Arkansas City, KS 67005
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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
    515 N Summit St Arkansas City, KS 67005
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