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Property profile & analytics

1020 Main St Wichita, KS 67203-3624

  • Office buildings
  • 11,180 SF
  • 0.60 lot acres
OFF-MARKET
Value Estimations
$565,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US33-0761789
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

  • SER Corporation / Charitable Organization / Social Service Agency
  • Arabia Paul / Law Firm
  • Cameron & Herrman, P.A. / Law Firm / Child Welfare Organization

Property Details for 1020 Main St

Year built
1987
Construction
FRAME
Lot size
0.60 lot acres
Property size
11,180 SF
Property type
Office buildings
APN
087-124-17-0-14-07-008.00-A
APU
087124170140700800A

Description

This 11,180-square-foot, single-story Class B office building in Wichita, Kansas, presents a compelling investment opportunity. Built in 1987 and extensively renovated in 2010, the property features five suites totaling 10,286 net rentable square feet, currently vacant except for two suites occupied by a non-profit organization, SER Corporation, which has federal grant funding. SER Corporation's presence offers potential for a long-term lease or sale. Each suite boasts separate electric meters, with tenants responsible for utilities. Suite A (2,036 SF) includes six private offices, a reception area, and a kitchenette. Suite B (2,064 SF) offers two private offices, a large coworking area, and a conference room. All suites have private bathrooms and kitchenettes, plus access to shared common areas. Recent improvements include a 2019 roof replacement and HVAC unit upgrades within the last seven years. The property includes 33 parking spaces in a fenced lot with a gated entry. Located at 1020 N Main, it's near Park Elementary School, the Breakthrough Clubhouse, and various professional offices, within a mile of county offices and Ascension Via Christi St Francis, and two miles from the downtown core. The 0.6-acre lot is zoned for neighborhood retail. The asking price is $975,000 ($87.21/SF).


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $425,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $699,000
    Market price range: $506k - $1.58M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $835,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Wichita
County
Sedgwick
State
Kansas
Longitude
-97.3377
Latitude
37.7013
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
$14,002
$29,625
$104,525
$134,150
-
$118,500
$418,100
$536,600
More about this property
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