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    North Penstemon St Wichita, KS 67226

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    For Lease
    $18 SF/Yr

    Office building in Wichita, Kansas, located in a high-growth area.

    Property size:
    30,000 SF
    Lot size:
    2.32 Acres

    Property Features for North Penstemon St

    General Information

    Size
    30,000 SF
    Lot size
    2.32 Acres

    Source: Occidental Management, Inc. Agent Gary Oborny

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

    Overview

    Office Building in High-Growth Area

    The NR14 Office building is situated in the high-income, high-growth area of North Rock Road and 32nd Street, in the northeast part of Wichita, Kansas. The property is accessible from the controlled intersection of 32nd Street and Rock Road, located just south of the K-96 expressway, which experiences an average of 80,000 vehicles per day. The NR14 Offices building is easily accessible from all parts of Wichita. The property size is 30000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2384588
    Latitude
    37.7248073

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    FAQs

    What type of property is this?
    Office building - Office building in Wichita, Kansas, located in a high-growth area.
    Where is this office building located?
    The property is located at North Penstemon St Wichita, KS.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Located in a high-income, high-growth area.; - Accessible from the controlled intersection of 32nd Street and Rock Road.; - Close proximity to the K-96 expressway.
    (316) 706-1583
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    North Penstemon St Wichita, KS 67226
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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
    North Penstemon St Wichita, KS 67226
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