Property profile

1128 Lincoln St Wichita, KS 67211

OFF-MARKET
Auto shops
Property ID
US33-0372492
2,908 SF 0.16 ac lot Built 1949
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional Wichita, Kansas warehouse, located at 1128 E Lincoln St, presents a compelling investment opportunity. The 5,926 square foot Class C building, constructed in 1949, sits on a 0.56-acre lot (APN: 00127114, 00127154) and is zoned LC. Currently operating as a multi-tenant property, it offers significant value-add potential for investors and businesses alike. The property features three overhead doors and a service pit, catering to diverse industrial needs. Ample parking is available within the secure, enclosed land. The asking price is $400,000, translating to $75.94 per square foot. This single-story building is part of a package deal with another property (1141 S Laura Ave). Its versatile nature allows for both retail and industrial uses, making it ideal for customization and operational growth. The property's location in Sedgwick County, with a 67211 zip code, provides easy access to major transportation routes and amenities. This is a rare chance to acquire a well-situated, multi-tenant warehouse with substantial upside potential.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1949
Construction FRAME
Total area 2,908 SF
Lot 0.16 ac (6,970 SF)
APN 087-128-28-0-13-05-017.00
UPID US33-0372492

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1128 Lincoln St Wichita, KS 67211-3430
Wichita metro Census 3400 WICHITA, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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