Flex Space With Secured
New
For Sale
$250,000
136 South Pattie Street, Wichita, KS 67211
Office and flex space is paired with a fenced, secured yard on a compact commercial parcel.
Property Size2,076 SF
Lot Size0.24 Acres
Price / SF$120.42
Days on Market3
Property Features for 136 South Pattie Street
General Information
Standard status
Active
Size
2,076 SF
Lot size
0.24 Acres
Property subtype
Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Building Size
2,076 SF
Year Built
1930
Listing Agency:
NAI Martens
(316) 258-4954
Listed By:
Ransom Butler · License #00244816
(316) 258-4954
Source:
Naiglobal
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 4 at 5:05AM
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 NAI Martens
Investment Insights
Based on property information with market context.
Located at 136 South Pattie Street in Wichita, Kansas, this property combines 2,076 square feet of office and flex space with a fenced, secured yard. The improvements occupy a 0.24-acre parcel, providing both enclosed workspace and secured outdoor area within the same property.
Built in 1930, the asset offers an established commercial structure for an owner-user or occupant seeking a flexible office-oriented setting. The address is 136 South Pattie Street, Wichita, KS 67211.
Built in 1930, the asset offers an established commercial structure for an owner-user or occupant seeking a flexible office-oriented setting. The address is 136 South Pattie Street, Wichita, KS 67211.
Key Highlights
- 2,076 SF of office/flex space
- Fenced, secured yard
- 0.24‑acre parcel
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.9k | $12.96 |
| − Vacancy | −$1.6k | −$0.78 |
| EGI | $25.3k | $12.18 |
| − OpEx | −$8.9k | −$4.26 |
| NOI | $16.4k | $7.92 |
2,076 SF · lease $12.96/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$358.8K
$314.0K – $418.6K
NOI $25,118 @ 7.0% cap · market cap 10.05%
Second Best
Flex RnD
$234.8K
$205.5K – $274.0K
NOI $16,439 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$514.0K
$449.8K – $599.7K
NOI $35,982 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 67211, KS
19,721
Population
9,568
Households
2.1
Avg Household Size
35
Median Age
14%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
3,867
Density / Sq Mi
$44,003
Median Household Income
$31,335
Median Earnings
$841
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Kitchen — 725 E Douglas Ave, Wichita, KS 67202
- Aramark Correctional Services — 401 S Emporia St, Wichita, KS 67202
- The Big O Food Experience — 1138 S Hydraulic Ave, Wichita, KS 67211, United States
- Smokin' Diner Food Truck — Wichita, KS 67202
Frequently Asked Questions
What type of property is this?
Flex space - Office and flex space is paired with a fenced, secured yard on a compact commercial parcel.
Where is this flex space located?
The property is located at 136 South Pattie Street Wichita, KS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,076 SF of office/flex space; Fenced, secured yard; 0.24‑acre parcel
