4605 Kellogg Dr Wichita, KS 67218
This exceptional 14,144 square foot storefront retail property, located at 4605 E Kellogg Dr in Wichita, Kansas, presents a compelling value-add investment opportunity. Built in 1975, the single-story building sits on a substantial 3.39-acre lot, zoned for general commercial use. The property boasts excellent visibility and accessibility, with three convenient access points. Its prime location is southwest of the intersection of Kellogg/US-54 and Oliver Street, providing exceptional exposure to high traffic volumes. Significant signage opportunities exist, with permits allowing for a 50-foot tall, 500 square foot pylon sign along Kellogg and a 300 square foot sign along Oliver Street. The substantial excess land offers considerable potential for future development or expansion, adding significant value to the investment. The 2022 property taxes totaled $25,205.25. This multi-tenant property offers a unique chance to acquire a well-positioned retail center with significant upside potential. The property's strategic location, ample land, and prominent signage opportunities make it an attractive investment for owner-users or those seeking a value-add project in a thriving Wichita market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.