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    425 61 St Park City, KS 67219

    For Lease
    $10 SF/Yr ($14,113 /Mo)

    16,936 SF Retail Space, High Visibility

    Lot size:
    16,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 16,936 square foot retail property, located at 425 East 61st St N in Park City, Kansas, presents a unique investment opportunity. Built in 1982, this single-story building sits on a generous 1.75-acre lot and is zoned C-2, allowing for a variety of commercial uses. Currently, 7,500 square feet of space is available for lease, offering significant potential for expansion or redevelopment. The property boasts excellent street visibility and a highly desirable location just off I-135, providing easy access and high traffic volume. Its proximity to a new development, including a world-class aquarium, further enhances its appeal and potential for attracting a diverse clientele. The property's single-tenancy status offers flexibility for a variety of retail concepts, including shopping centers, storefronts, and restaurants. This is an ideal opportunity for businesses seeking a prominent location in a growing community within Sedgwick County, Kansas, with a zip code of 67219. The property's size and location make it an attractive investment for both established businesses and new ventures. The existing infrastructure provides a solid foundation for immediate occupancy or future renovations.

    Property Features for 425 61 St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,936 SF
    Total Rate
    14113.33

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    7,500 SF
    Rate per SF
    $10

    HighLights

    • Sale Price: $799,000
    • Lease Rate: $10/SF, NNN
    • 7,500 SF Available
    • Building Size: 16,936 SF
    • Lot Size: 1.75 Acres
    • Year Built: 1982
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Park City
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.334210163693
    Latitude
    37.795903063553

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    FAQs

    What type of property is this?
    Restaurant - 16,936 SF Retail Space, High Visibility
    Where is this restaurant located?
    The property is located at 425 61 St Park City, KS.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Sale Price: $799,000; Lease Rate: $10/SF, NNN; 7,500 SF Available
    Request Owner's contact information
    425 61 St Park City, KS 67219
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    Park City, KS 67219
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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
    425 61 St Park City, KS 67219
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