Office-Warehouse Flex
3040 N Ohio St Wichita, KS 67219
3040 N Ohio St, Wichita, KS, 67219
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For Sale
Contact for pricing
Office, warehouse, and mezzanine storage with additional office space, fully climate-controlled for year-round use.
Property Size9,720 SF
Price / SF$102.88
Days on Market198
Property Features for 3040 N Ohio St
General Information
- Standard status
- Active
- Size
- 9,720 SF
- Property subtype
- INDUSTRIAL
Listing agency
Reece Nichols South Central Kansas
(316) 650-8853
Listed by
Bradley Tidemann, SIOR
(316) 650-8853
Source
Moodyscre
Added: Jan 5 Updated: Jul 22 at 4:04AM Checked: Jul 22 at 4:04AM
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 Reece Nichols South Central Kansas
Investment Insights
Based on property information with market context.
This office/warehouse flex building includes office space, a warehouse area, and mezzanine storage, along with additional office space. The property is fully climate-controlled, supporting consistent year-round operation.
The location provides excellent access to I-135 via 29th Street, making it convenient for logistics and business use.
The building’s mixed office and storage layout is designed to support day-to-day work alongside warehousing needs.
The location provides excellent access to I-135 via 29th Street, making it convenient for logistics and business use.
The building’s mixed office and storage layout is designed to support day-to-day work alongside warehousing needs.
Key Highlights
- Office/warehouse available for sale or lease
- Excellent access to I‑135 via 29th Street
- Building configuration includes office, warehouse, mezzanine storage, and additional office
Local Financial Insights For Warehouse
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 | $102.6k | $10.56 |
| − Vacancy | −$4.6k | −$0.48 |
| EGI | $98.0k | $10.08 |
| − OpEx | −$14.7k | −$1.51 |
| NOI | $83.3k | $8.57 |
9,720 SF · lease $10.56/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,604 @ 7.0% cap · market cap 11.76%
Second Best
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,321 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,469 @ 7.0% cap · market cap 16.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fastenal
Big Box & Wholesale Store
Similar For Sale Nearby
Similar Off Market Nearby
- Big Chill Ice Cream — 104 East 29th St N, Wichita, KS 67219
- Stellar Bartending — 3425 S Broadway, Wichita, KS 67219
FAQs
What type of property is this?
Flex space - Office, warehouse, and mezzanine storage with additional office space, fully climate-controlled for year-round use.
Where is this flex space located?
The property is located at 3040 N Ohio St Wichita, KS.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Office/warehouse available for sale or lease; Excellent access to I‑135 via 29th Street; Building configuration includes office, warehouse, mezzanine storage, and additional office
