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Industrial Warehouse with Office

1637 S Baehr St, Wichita, KS 67209

For Sale
$725,000

Limited Industrial-zoned facility with warehouse, office, loading, and drive-in access for manufacturing, distribution, or service operations.

Property Size8,964 SF
Price / SF$80.88
Days on Market47

Property Features for 1637 S Baehr St

General Information

Standard status Active
Size 8,964 SF
Total Parking Spaces 8
Property subtype Industrial
Zoning LI

Site & Location

Neighborhood Southwest

Warehouse & Industrial

Clear Height 17 ft
Office Build-Out 2,652 SF
Dock-High Doors 1
Drive-In Doors 1
Power 400 amps
Three-Phase Power Yes

Building Details

Building Size 8,964 SF
Year Built 1999
Buildings 1
Listing Agency: NAI Martens
Listed By: Cameron Nelson · License ##00253021
Source: Naimartens
Added: Sep 22 Changed: Nov 3 Last Checked: Nov 6 at 5:39AM

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

Rey
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Investment Insights

Based on property information with market context.

This 8,964 SF industrial warehouse in southwest Wichita was built in 1999 and is vacant for immediate occupancy. The building includes approximately 2,652 SF of office space, a 17-foot clear warehouse area, one grade-level drive-in door measuring 14 feet by 14 feet, and a 663 SF concrete loading truckwell with an 8-foot by 9-foot dock door. Warehouse space is heated, while the office area is heated and cooled.

Zoned LI—Limited Industrial, the property includes eight parking spaces and 3-phase, 400 Amp electrical service. Its configuration supports manufacturing, distribution, or service operations, with dedicated office, warehouse, and loading components in one facility.

Key Highlights

  • 8,964 SF industrial warehouse building
  • Approximately 2,652 SF of office space
  • 17' clear ceiling height in warehouse

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,372
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,187,440 $1.2M
Cap Rate 7%
$848,171 $848.2K
Cap Rate 9%
$659,689 $659.7K
Market Conditions
NOI Build-Up for 8,964 SF
Gross rent
$89.3K $9.96/SF
− Vacancy
−$4.5K −$0.50/SF
EGI
$84.8K $9.46/SF
− OpEx
−$25.4K −$2.84/SF
NOI
$59.4K $6.62/SF
Area
Wichita, KS
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,187,440
Cap Rate 7%
$848,171
Cap Rate 9%
$659,689

Alternative Uses

Best Use
Warehouse
$1.10M
$960.5K – $1.28M (±1% cap)
NOI $76,840 @ 7.0% cap · market cap 10.60%
Second Best
Industrial
$848.2K
$742.2K – $989.5K (±1% cap)
NOI $59,372 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M (±1% cap)
NOI $155,366 @ 7.0% cap · market cap 21.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

D & O Engineering ... Corporate Office Aero-Spaces, LLC. Corporate Office

Suggested Use

Top Pick Storage Facility Parking Lot & Garage (Bike/Boat/Book/etc) Store Law Firm Skin Care Clinic Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17 ft
Clear height
1
Dock-high doors
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby
Well-served
Demand for This Use

Demographics for 67209, KS

14,217
Population
5,381
Households
2.6
Avg Household Size
38
Median Age
35%
College-Educated
94%
High-School Grad
12.3 sq mi
ZIP Area
1,156
Density / Sq Mi
$86,103
Median Household Income
$47,939
Median Earnings
$942
Median Rent
$209,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Warehouses in Wichita

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • A & G Storage Inc — 2152 S Hoover Rd, Wichita, KS 67209

Frequently Asked Questions

What type of property is this?
Warehouse - Limited Industrial-zoned facility with warehouse, office, loading, and drive-in access for manufacturing, distribution, or service operations.
Where is this warehouse located?
The property is located at 1637 S Baehr St Wichita, KS.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 8,964 SF industrial warehouse building; Approximately 2,652 SF of office space; 17' clear ceiling height in warehouse
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