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    Property profile & analytics

    1040 St Wichita, KS 67203-1226

    • Office buildings
    • 7,200 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 27, 2023
    Location Intelligence
    Property ID
    US33-0492963
    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

    • Office buildings

    Property Details for 1040 St

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    0.63 lot acres
    Property size
    7,200 SF
    Property type
    Office buildings
    APN
    087-136-13-0-23-05-003.00
    APU
    87136130230500300

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3892
    Latitude
    37.7029
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $76,900
    $297,500
    $374,400

    Comparable in this City

    • Value Estimation by Request
      7,980 SF

      3737 Central Ave

      OFFICE BUILDING • 7,980 SF
      3737 Central Ave, Wichita, KS 67203-4925
      View Details
    • Value Estimation by Request
      10,244 SF

      833 Waco Ave

      OFFICE BUILDING • 10,244 SF
      833 Waco Ave, Wichita, KS 67203-3939
      View Details
    • Value Estimation by Request
      9,493 SF

      3330 Douglas Ave

      OFFICE BUILDING • 9,493 SF
      3330 Douglas Ave, Wichita, KS 67203-5415
      View Details
    • Value Estimation by Request
      0.15 Acres

      Wichita, KS 67203

      OFFICE BUILDING • 0.15 Acres
      Wichita, KS 67203
      View Details
    • Value Estimation
      $1,155,000
      44,139 SF

      1919 Amidon Ave

      OFFICE BUILDING • 44,139 SF
      1919 Amidon Ave, Wichita, KS 67203-2117
      View Details
    • Value Estimation by Request
      1,302 SF

      1804 Museum Blvd

      OFFICE BUILDING • 1,302 SF
      1804 Museum Blvd, Wichita, KS 67203
      View Details

    Similar Nearby for Sale

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      Fully Leased Wichita Office Building

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    • $2,000,000
      19,824 SF

      815 Waco Ave

      Office space • 19,824 SF
      815 Waco Ave, Wichita, KS 67203
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    • $450,000
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      Wichita Office Building For Sale

      Prime Wichita Office, 5,435 SF, $450K
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    • $1,800,000
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      Mixed-Use Property on Douglas Avenue

      Redevelopment opportunity in Wichita with flexible space and parking.
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    Similar Nearby for Lease

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      Prime Wichita office building, flexible suites available.
      345 Riverview St, Wichita, KS 67203
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    • $6 SF/Yr
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      Wichita Office Space For Rent

      Office space available in high-traffic Wichita location.
      2160 W 21St St, Wichita, KS 67203
      View Details
    • $1,500 /Mo
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      Turnkey Medical Practice for Rent

      Turnkey medical practice, ideal for a satellite office.
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    • $19 SF/Yr
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      Office Space Available For Rent

      739 square feet office space available for rent.
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      View Details
    • $14 SF/Yr
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      Medical office space for immediate occupancy in Wichita, Kansas.
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    • $795 /Mo
      12,764 SF

      Historic Delano District Office Suite

      Renovated office suite in a historic, walkable district.
      930 W Douglas Ave, Wichita, KS 67203
      View Details
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    1040 St
    Wichita, KS 67203-1226
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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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