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    557 W Douglas Ave Wichita, KS 67202

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    For Sale
    Contact for pricing

    Renovated office space in the heart of the Delano District.

    Property size:
    2,548 SF
    Lot size:
    0.07 Acres

    Property Features for 557 W Douglas Ave

    General Information

    Size
    2,548 SF
    Lot size
    0.07 Acres

    Source: InSite Real Estate Group, LLC Agent Curt Robertson

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

    Overview

    Historic Delano District Office Space

    Located in the Historic Delano District, this office space offers high visibility on Douglas Avenue. The property underwent a complete renovation in 2019 and features high-quality finishes. An outdoor patio and breakroom are included. The property provides quick access to Kellogg (US-54). The Net Operating Income (NOI) is $46,364.88. The property size is 2548 square feet. It is suitable for a future owner-occupant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hope Dent, Movement ... Mortgage Lender Adrienne Green, Movement ... Mortgage Lender loanDepot Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3460702
    Latitude
    37.6841467

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    FAQs

    What type of property is this?
    Office space - Renovated office space in the heart of the Delano District.
    Where is this office space located?
    The property is located at 557 W Douglas Ave Wichita, KS.
    What are key features of this property?
    This property features: - High NOI of $46,364.88; - Located in the heart of the Historic Delano District; - Complete renovation in 2019
    (316) 618-1100
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    557 W Douglas Ave Wichita, KS 67202
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    Wichita, KS 67202
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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
    557 W Douglas Ave Wichita, KS 67202
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