Property profile

11931 Central Ave Wichita, KS 67212

OFF-MARKET
Strip malls
Property ID
US33-0503789
8,150 SF 1.71 ac lot Built 1980
Entity Owned Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction STEEL FRAME
Total area 8,150 SF
Lot 1.71 ac (74,488 SF)
APN 087-134-19-0-22-02-004.00
UPID US33-0503789

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency
  • Grocery & Convenience Store
  • Gym & Fitness Center
  • Currency Exchange Service Atm
  • Painting Service General Contractor

Location

11931 Central Ave Wichita, KS 67212-5185
Wichita metro Census 9512 WICHITA, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$550k
Blend (final) Blend
$550k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $760,000 +74.5%
Office building $755,000 +73.9%
Auto repair, garage $625,000 +44.2%

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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