Office Space Near St.
For Sale
Contact for pricing
1431 S Bluffview Drive, Wichita, KS 67218
2,047 SF office space available near St. Joseph Hospital.
Property Size26,579 SF
Price / SF$0.01
Days on Market223
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Property Features for 1431 S Bluffview Drive
General Information
Standard status
Active
Size
26,579 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
26,579 SF
Year Built
1976
Properties For Sale
at 1431 S Bluffview Drive Contact usSuite 102
Size
2,047 SF
Term
Negotiable
Suite 110
Size
391 SF
Term
Negotiable
Suite 111
Size
1,719 SF
Term
Negotiable
Suite 112
Size
1,644 SF
Term
Negotiable
Suite 116
Size
1,550 SF
Term
Negotiable
Suite 203
Size
814 SF
Term
Negotiable
Suite 205
Size
1,041 SF
Term
Negotiable
Suite 215
Size
2,404 SF
Term
Negotiable
Suite 216
Size
1,080 SF
Term
Negotiable
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Listed By:
Marisa Weber
(316) 337-5967
Source:
Naimartens
Added: Mar 6
Changed: Sep 14
Last Checked: Oct 14 at 9:13PM
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 Marisa Weber
Investment Insights
Based on property information with market context.
Suite 102 offers 2,047 square feet of office space. The property is located at Bluffview and East Harry Street, directly east of St. Joseph Hospital.
Key Highlights
- 2,047 SF available, perfect for your business needs.
- Located directly east of St. Joseph Hospital.
- Located at Bluffview and east Harry St.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,767
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,340
$495.3K
Cap Rate 7%
$353,814
$353.8K
Cap Rate 9%
$275,189
$275.2K
Market Conditions
NOI Build-Up for 2,047 SF
Gross rent
$41.0K $20.04/SF
− Vacancy
−$8.0K −$3.91/SF
EGI
$33.0K $16.13/SF
− OpEx
−$8.3K −$4.03/SF
NOI
$24.8K $12.10/SF
Area
Wichita, KS
Vacancy
19.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,340
Cap Rate 7%
$353,814
Cap Rate 9%
$275,189
Alternative Uses
Best Use
Office B
$353.8K
$309.6K – $412.8K
NOI $24,767 @ 7.0% cap · market cap 145,688.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$506.8K
$443.5K – $591.3K
NOI $35,479 @ 7.0% cap · market cap 208,700.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Explore this area
Business Placement
Demographics for 67218, KS
23,044
Population
11,483
Households
2
Avg Household Size
35
Median Age
25%
College-Educated
81%
High-School Grad
5.0 sq mi
ZIP Area
4,609
Density / Sq Mi
$47,905
Median Household Income
$33,750
Median Earnings
$905
Median Rent
$117,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - 2,047 SF office space available near St. Joseph Hospital.
Where is this office units located?
The property is located at 1431 S Bluffview Drive Wichita, KS.
What are key features of this property?
This property features: 2,047 SF available, perfect for your business needs.; Located directly east of St. Joseph Hospital.; Located at Bluffview and east Harry St.
