Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    10222 W 21St St N Wichita, KS 67205

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10222 W 21St St N Wichita, KS 67205

    View on Map
    • Grocery and convenience stores
    • 115,735 SF
    • 9.10 lot acres
    For Lease
    $1,785,000
    View Listing →
    Retail Suites Inside Dillons Stores For Lease
    $1,785,000
    115,735 SF

    Retail Suites Inside Dillons Stores

    In-store retail suites available within Dillons Grocery Stores.

    10222 W 21st St N, Wichita, KS 67205
    View Listing
    Property ID
    US33-0240019
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Little Clinic / Medical Clinic
    • Dillons Pharmacy / Pharmacy
    • Dillons Marketplace / Grocery & Convenience Store / Food Market
    • Shyla Hoff / Pediatrician / Physician
    • Western Union / Bank / Credit Union

    Property Details for 10222 W 21St St N

    Year built
    2007
    Lot size
    9.10 lot acres
    Property size
    115,735 SF
    Property type
    Grocery and convenience stores
    APN
    087-133-05-0-33-02-011.00
    APU
    87133050330201100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.4609
    Latitude
    37.7238
    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
    $217,481
    $495,275
    $1,253,278
    $1,748,553
    -
    $1,981,100
    $5,013,110
    $6,994,210

    Comparable in this City

    • Value Estimation
      $850,000
      5,892 SF

      7120 21st N St

      CONVENIENCE STORE • 5,892 SF
      7120 21st N St, Wichita, KS 67205-1761
      View Details
    • Value Estimation
      $765,000
      6,144 SF

      7107 37th N St

      CONVENIENCE STORE • 6,144 SF
      7107 37th N St, Wichita, KS 67205
      View Details
    • Value Estimation
      $690,000
      5,515 SF

      3750 Maize Rd

      CONVENIENCE STORE • 5,515 SF
      3750 Maize Rd, Wichita, KS 67205-7325
      View Details
    • Value Estimation
      $580,000
      4,484 SF

      2970 Tyler Rd

      CONVENIENCE STORE • 4,484 SF
      2970 Tyler Rd, Wichita, KS 67205-8618
      View Details
    • Value Estimation
      $630,000
      4,924 SF

      2954 Maize Rd

      CONVENIENCE STORE • 4,924 SF
      2954 Maize Rd, Wichita, KS 67205-7400
      View Details
    • Value Estimation
      $725,000
      5,824 SF

      4051 Rdg Rd

      CONVENIENCE STORE • 5,824 SF
      4051 Rdg Rd, Wichita, KS 67205-8822
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Spaces in High-Traffic Area

      Two retail spaces available in a high-traffic Wichita location.
      2233 N Ridge Rd, Wichita, KS 67205
      View Details
    • Contact for pricing

      New Retail Property For Sale

      New retail property with two drive-through lanes and strong tenants.
      10209 W 29Th St N, Wichita, KS 67205
      View Details
    • Contact for pricing

      West Wichita Storage Condos Available

      Storage condos in premier West Wichita location, customizable buildout options.
      119Th St, Wichita, KS 67205
      View Details
    • $3,200,000
      30,906 SF

      Northwest Wichita Office Space Available

      Office spaces in Northwest Wichita for general or medical use.
      7340 W 21St St, Wichita, KS 67205
      View Details
    • $350,000
      2,448 SF

      New Construction Duplex Opportunity

      Under construction duplexes featuring modern amenities and low maintenance design.
      12117-12119 West Fontana Ct, Wichita, KS 67205
      View Details
    • $365,000
      2,316 SF

      Turnkey Duplex in Maize School District

      Fully occupied duplex with immediate cash flow in Maize, Kansas.
      12055 W Shadow Lakes St, Maize, KS 67205
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,760 SF

      Retail Space on West 21st

      Highly visible retail space with easy access parking.
      8541 W 21St St, Wichita, KS 67205
      View Details
    • Contact for pricing
      1,975 SF

      Retail Space Near New Market

      Retail space suitable for retail, restaurant, and medical users.
      10240 West 29Th St N, Wichita, KS 67205
      View Details
    • Contact for pricing
      115,735 SF

      Retail Suites Inside Dillons Stores

      In-store retail suites available within Dillons Grocery Stores.
      10222 W 21St St N, Wichita, KS 67205
      View Details
    • Contact for pricing

      Retail Space Near Sam's Club

      Retail space conveniently located near the new Sam’s Club.
      3080 N Maize Rd, Wichita, KS 67205
      View Details
    • Contact for pricing

      Retail Space with Drive-Thru

      New retail space with drive-thru in high-traffic area.
      37th And Rdg Rd, Wichita, KS 67205
      View Details
    • Contact for pricing

      Prime Commercial Land For Lease

      High-traffic land for lease near Avante Apartments, available now.
      W 37Th St, Wichita, KS 67205
      View Details

    Property Visit Statistics

    • Visits by month
      140.4k
    • Visitors by month
      64.5k
    • Avg Time on site
      24 min
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10222 W 21St St N
    Wichita, KS 67205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10222 W 21St St N, Wichita, KS, 67205
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!