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    Property profile & analytics

    345 Riverview St Wichita, KS 67203

    • Retail space
    • 78,422 SF
    • 2.84 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $955,000
    Location Intelligence
    Property ID
    US33-0342846
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Riverview Building / Condominium Complex
    • Storage Containers USA Wichita / Container Supplier
    • Kansas Health Plan / Public Health Department
    • NexCentra Health Network, LLC / Corporate Office
    • Midland Group / Legal Services

    Property Details for 345 Riverview St

    Year built
    1982
    Lot size
    2.84 lot acres
    Property size
    78,422 SF
    Property type
    Retail space
    APN
    087-124-20-0-12-02-002.00
    APU
    87124200120200200

    Description

    This prominent seven-story, 81,000 square foot office building at 345 Riverview St, Wichita, KS 67203, offers a variety of traditional and executive office spaces for lease. Built in 1982, the building boasts a welcoming atmosphere and is ideally situated in the heart of Wichita's Central Business District (CBD), providing easy access to local amenities and attractions. The property sits on a 123,679 square foot lot and includes 330 parking spaces for tenants and visitors. Currently, 54,617 square feet of space is available for lease, with minimum divisible units of 1,737 square feet and a maximum contiguous space of 10,742 square feet. The building is zoned for CBD use and features a single building with multiple tenants. This is an exceptional opportunity for businesses seeking a prestigious downtown location with ample space and convenient parking. The building's central location and flexible lease options make it an ideal choice for a variety of businesses. Inquire today to learn more about leasing opportunities in this highly desirable Wichita office building.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $940,000

    • CAP approach

      CAP return
      Estimation
      6%
      $980,000
      6.5%
      $995,000
      7%
      $1,015,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,115,000
      Geo Method
      $1,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $940,000
      Retail
      $1,045,000
      Mixed-Use
      $1,100,000
      Hospitality
      $830,000
      Educational
      $965,000
      Residential Income
      $990,000
      Energy
      $1,100,000
      Income-Based Land
      $1,090,000
      Food Service
      $845,000

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.344
    Latitude
    37.6914
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $103,470
    $139,150
    $686,600
    $825,750
    -
    $556,600
    $2,746,400
    $3,303,000

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      RETAIL STORES (PERSONAL SERVICES) • 2,030 SF
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    345 Riverview St
    Wichita, KS 67203
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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
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