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    313 Ida St Wichita, KS 67211

    For Sale
    $1,800,000

    28,501 SF Industrial/Office, Great Potential

    Property size:
    28,501 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 28,501-square-foot industrial/office building in Wichita, Kansas, presents a compelling investment opportunity. Located on a 1.42-acre lot at 313 S Ida St, 67211, this property offers a blend of distribution, flex, and warehouse space, ideal for owner-occupants or investors. The building, constructed in phases between 1966, 1979, and 1991, features a two-story design with 12-16' ceilings and ample overhead doors. The property boasts significant industrial space, approximately 10,000 square feet, equipped with heavy 3-phase power, in-floor drainage, and HVAC throughout. A commercial-grade paint booth is also included. The layout is adaptable to multi-tenancy, making it suitable for various investment strategies. The property is zoned LI and benefits from its location in a revitalizing area of downtown Wichita, adjacent to the intersection of Washington and Waterman. The building includes approximately 100 parking stalls. Office space is demisable down to 1,000 square feet. The asking price is $1,800,000 ($63.16/sq ft), and the sale is offered as a net lease with a modified lease type and single tenancy. Financial details are available upon request with a signed NDA. This property offers a unique combination of features and location, making it an attractive prospect for a wide range of buyers.

    Property Features for 313 Ida St

    General Information

    Property type
    Distribution properties
    Square Feet
    28,501 SF
    Lot Size
    61,855 SF

    Building Details

    Buildings
    1
    Stories
    2

    HighLights

    • $1,800,000 asking price for a 28,501 SF industrial building in Wichita, KS.
    • Net lease, modified lease terms, single tenant occupancy.
    • 28,501 SF net rentable area, priced at $63.16/SF.
    • Built in 1966, 1979, and 1991; two‑story building on a 1.42‑acre lot.
    • Features 12‑16' ceilings, overhead doors, heavy power, in‑floor drainage, and HVAC.
    • Located in a redeveloping area of downtown Wichita, zoned LI. For sale by owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Identity Group Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.32504245229
    Latitude
    37.68214671834

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    FAQs

    What type of property is this?
    Distribution property - 28,501 SF Industrial/Office, Great Potential
    Where is this distribution property located?
    The property is located at 313 Ida St Wichita, KS.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price for a 28,501 SF industrial building in Wichita, KS.; Net lease, modified lease terms, single tenant occupancy.; 28,501 SF net rentable area, priced at $63.16/SF.
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    313 Ida St Wichita, KS 67211
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    Wichita, KS 67211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    313 Ida St Wichita, KS 67211
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