Office Flex Property with Fenced
For Sale
$210,000
1610 S Emporia St., Wichita, KS 67211
Two-building flex property with climate-controlled office and warehouse areas plus a secured outdoor yard.
Property Size2,440 SF
Days on Market57
Property Features for 1610 S Emporia St.
General Information
Standard status
Active
Size
2,440 SF
Property subtype
Industrial
Zoning
LC
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Conditioned Warehouse
Yes
Building Details
Building Size
2,440 SF
Year Built
1946
Buildings
2
Listing Agency:
J.P. Weigand & Sons, Inc.
Listed By:
Austin Swisher, CCIM · License #00240314
(316) 292-3902
Source:
Weigand
Added: Aug 24
Changed: Oct 15
Last Checked: Oct 19 at 5:35AM
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 J.P. Weigand & Sons, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property includes two separate buildings with climate-controlled office and warehouse areas. The site also provides a fully fenced yard surfaced with concrete and gravel, supporting a combination of indoor workspace and outdoor storage or operational needs. Built in 1946, the property is zoned LC and suited to an owner-user or investment-oriented acquisition.
Located on South Emporia Street in Wichita, the property offers highway access and a configuration that combines office, warehouse, and secured yard components in one location.
Located on South Emporia Street in Wichita, the property offers highway access and a configuration that combines office, warehouse, and secured yard components in one location.
Key Highlights
- Two separate buildings
- Climate‑controlled office and warehouse areas
- Fully fenced concrete and gravel yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,321
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,420
$386.4K
Cap Rate 7%
$276,014
$276.0K
Cap Rate 9%
$214,678
$214.7K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$31.6K $12.96/SF
− Vacancy
−$1.9K −$0.78/SF
EGI
$29.7K $12.18/SF
− OpEx
−$10.4K −$4.26/SF
NOI
$19.3K $7.92/SF
Area
Wichita, KS
Vacancy
6.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,420
Cap Rate 7%
$276,014
Cap Rate 9%
$214,678
Alternative Uses
Best Use
Office B
$421.7K
$369.0K – $492.0K
NOI $29,522 @ 7.0% cap · market cap 14.06%
Second Best
Warehouse
$298.8K
$261.5K – $348.6K
NOI $20,916 @ 7.0% cap · market cap 9.96%
Theoretical Best
Office A
$604.2K
$528.6K – $704.9K
NOI $42,291 @ 7.0% cap · market cap 20.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
585
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
Frequently Asked Questions
What type of property is this?
Flex space - Two-building flex property with climate-controlled office and warehouse areas plus a secured outdoor yard.
Where is this flex space located?
The property is located at 1610 S Emporia St. Wichita, KS.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two separate buildings; Climate‑controlled office and warehouse areas; Fully fenced concrete and gravel yard
