Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10727 E Kellogg Dr Wichita, KS 67207

    Property Lookup

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

    10727 E Kellogg Dr Wichita, KS 67207

    View on Map
    • Commercial real estate
    • 2,128 SF
    • 1.34 lot acres
    For Sale
    View Listing →
    Commercial Land Near I-35 For Sale
    Contact for pricing
    4.53 Acres

    Commercial Land Near I-35

    Visible commercial land with highway access and retail proximity.

    10727 E Kellogg Dr, Wichita, KS
    View Listing
    Property ID
    US33-0782535
    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

    • Commercial real estate

    Property Details for 10727 E Kellogg Dr

    Year built
    1996
    Construction
    FRAME
    Lot size
    1.34 lot acres
    Property size
    2,128 SF
    Property type
    Commercial real estate
    APN
    087-118-28-0-12-01-003.00-F
    APU
    087118280120100300F

    Description

    This exceptional commercial and industrial land parcel presents a unique development opportunity in Wichita, Kansas. Strategically located on East Kellogg Drive, the property boasts significant highway frontage along US Highway 54/400, ensuring high visibility and accessibility. The site offers a flexible development potential due to its General Commercial zoning. Currently, 4.53 to 5.42 acres are available, with the possibility of acquiring additional acreage to reach a total of approximately 9.95 acres. The property is comprised of three separate parcels, providing flexibility for various development scenarios. The site benefits from convenient right-in/right-out access directly onto East Kellogg Drive. The 2023 property taxes were $39,760.85. This prime location in Sedgwick County, with its easy access to major transportation routes, makes it an ideal site for a wide range of commercial or industrial ventures. Contact us for pricing and to explore the possibilities of this exceptional property. The address is 10727 E Kellogg Dr, Wichita, KS 67207.

    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
    -97.2133
    Latitude
    37.6783
    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
    $3,225
    $27,996
    $0.00
    $27,996
    -
    $233,300
    $0.00
    $233,300

    Comparable in this City

    • Value Estimation by Request

      9999 Harry St

      Land
      9999 Harry St, Wichita, KS 67207
      View Details
    • Value Estimation by Request
      1.65 Acres

      368 Armour St

      COMMERCIAL (GENERAL) • 1.65 Acres
      368 Armour St, Wichita, KS 67207-1022
      View Details
    • Value Estimation by Request
      0.57 Acres

      Wichita, KS 67207

      COMMERCIAL (GENERAL) • 0.57 Acres
      Wichita, KS 67207
      View Details
    • Value Estimation by Request
      0.15 Acres

      Wichita, KS 67207

      COMMERCIAL (GENERAL) • 0.15 Acres
      Wichita, KS 67207
      View Details
    • Value Estimation by Request
      6.68 Acres

      11148 Harry St

      COMMERCIAL (GENERAL) • 6.68 Acres
      11148 Harry St, Wichita, KS 67207
      View Details
    • Value Estimation by Request
      0.39 Acres

      Wichita, KS 67207

      COMMERCIAL (GENERAL) • 0.39 Acres
      Wichita, KS 67207
      View Details

    Similar Nearby for Sale

    • $1,000,000
      9,614 SF

      Wichita Investment Property: Rock Rd Duo

      High-yield, multi-tenant restaurant property.
      1845 Rock Rd, Wichita, KS 67207
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      9901 E Kellogg St, Wichita, KS 67207
      View Details
    • Contact for pricing

      Land Investment Opportunity

      Land ideal for investment with strong potential for future development.
      Wichita, KS 67207
      View Details
    • Contact for pricing

      Land Investment Opportunity Available

      Prime land for investment and future development in Wichita.
      10893 E Harry St, Wichita, KS 67207
      View Details
    • Contact for pricing

      Northeast Corridor Development Opportunity

      Land suitable for medical, industrial, or office development.
      9400 N Webb Rd, Wichita, KS 67207
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Well-Maintained Office Park for Lease

      Professional office park with ample parking and convenient location.
      9415 E Harry St, Wichita, KS 67207
      View Details
    • Contact for pricing

      Retail Space Near Towne East

      Retail spaces available near Towne East Square.
      368 S Towne East Mall Dr, Wichita, KS 67207
      View Details
    • Contact for pricing
      3,864 SF

      Restaurant Space in Whole Foods Center

      Rare restaurant opportunity in high-profile Wichita shopping center.
      1441 N Webb Rd, Wichita, KS 67207
      View Details
    • $750 /Mo
      11,975 SF

      East Kellogg Retail/Office Space

      Prime retail or office space with excellent visibility and access.
      6701 East Kellogg Dr, Wichita, KS 67207
      View Details
    • $15 SF/Yr
      5,300 SF

      Retail Space on Rock Road

      Retail space for lease with Rock Road frontage, available 2025.
      1655 S Rock Rd, Wichita, KS 67207
      View Details
    • Contact for pricing
      1,100 SF

      New Office Space For Rent

      Shell condition office space with TI money available for rent.
      3891 N Rock Rd, Wichita, KS 67207
      View Details
    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.
    10727 E Kellogg Dr
    Wichita, KS 67207
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!