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    224 Douglas Ave Wichita, KS 67202

    For Lease
    $20 SF/Yr
    Lot size:
    54,781 SF
    Added:
    Dec 11, 2024
    Days on Market:
    370

    Property Features for 224 Douglas Ave

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,781 SF
    Class
    A
    Total Rate
    91301.67

    Building Details

    Year Built
    1929
    Stories
    6

    Unit(s) available at that property

    Space
    4th Floor
    Size
    7,659 SF
    Rate per SF
    $20
    Space
    3rd Floor
    Size
    7,659 SF
    Rate per SF
    $20
    Space
    1st Floor & Mezzanine
    Size
    13,354 SF
    Rate per SF
    $20
    Space
    5th Floor
    Size
    7,659 SF
    Rate per SF
    $20
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Green Light Homes ... Real Estate Agent Kress Energy Center Office Space Rental Agency Havey David MD Doctor Otto David R ... Doctor Andrea M. Jack, ... Doctor

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3359525
    Latitude
    37.6863536

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    FAQs

    Where is this coworking space located?
    The property is located at 224 Douglas Ave Wichita, KS.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
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    Wichita, KS 67202
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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
    224 Douglas Ave Wichita, KS 67202
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