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    1020 Main St Wichita, KS 67203-3624
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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
    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.

    Value Estimations
    $565,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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 estimation — 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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