Listing Agency: Insite Real Estate Group

Listed By: Carl Hebert · License #KS 00227891 Show Phone

Source: Crexi

Added: Aug 3 Changed: Oct 21 Last Checked: Oct 24 at 2:59PM

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Investment Insights

Based on property information with market context.

This offering combines two industrial buildings totaling 42,900 square feet on 6.38 acres. The 35,900-square-foot building at 3629 W 30th St S provides 22-foot ceilings, a 5-ton crane, three 2-ton cranes, 2,000-amp 3-phase electrical service, six dock-high doors, and two 14-foot by 14-foot overhead doors. Its office area was renovated in 2026. The 7,500-square-foot building at 3700 W 30th St S has ceiling heights ranging from 13.5 to 17 feet, a 3-ton crane, 400-amp 3-phase power, and four 14-foot overhead doors.

The properties are situated in Wichita’s southwest industrial corridor with access to Interstate 235.

Key Highlights

• 42,900 square feet across two industrial buildings on 6.38 acres
• 35,900‑square‑foot building with 22‑foot ceilings and a 5‑ton crane
• 3629 building includes three 2‑ton cranes and 2,000‑amp 3‑phase electrical service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$290,991

Cap Rate

8.31%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,819,820 $5.8M

Cap Rate 7%

$4,157,014 $4.2M

Cap Rate 9%

$3,233,233 $3.2M

Is this asking price fair?

Market Conditions

NOI Build-Up for 42,900 SF

Gross rent

$437.6K $10.20/SF

− Vacancy

−$21.9K −$0.51/SF

EGI

$415.7K $9.69/SF

− OpEx

−$124.7K −$2.91/SF

NOI

$291.0K $6.78/SF

Area

ZIP 67217

Vacancy

5.00%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$5,819,820

Cap Rate 7%

$4,157,014

Cap Rate 9%

$3,233,233

Alternative Uses

Best Use

Industrial

$4.16M

$3.64M – $4.85M (±1% cap)

NOI $290,991 @ 7.0% cap · market cap 8.31%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$10.63M

$9.30M – $12.40M (±1% cap)

NOI $743,783 @ 7.0% cap · market cap 21.25%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Metal Arts LLC Factory Flint Engineering Company Structural Engineer

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Pharmacy

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

Location Intelligence

Trade Area within ½ mile

168

Businesses Nearby

Explore this area Business Placement

Demographics for 67217, KS

30,926

Population

13,477

Households

2.3

Avg Household Size

35

Median Age

12%

College-Educated

84%

High-School Grad

14.4 sq mi

ZIP Area

2,148

Density / Sq Mi

$54,767

Median Household Income

$37,094

Median Earnings

$1,006

Median Rent

$115,100

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Manufacturing property - Two industrial buildings offer substantial electrical service, loading infrastructure, and varied ceiling heights.

Where is this manufacturing property located?

The property is located at 3629 West 30th Street Wichita, KS.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: 42,900 square feet across two industrial buildings on 6.38 acres; 35,900‑square‑foot building with 22‑foot ceilings and a 5‑ton crane; 3629 building includes three 2‑ton cranes and 2,000‑amp 3‑phase electrical service