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Property profile & analytics
OFF-MARKET Estimated value $195,000
Distribution centers

1217 Macarthur Rd Wichita, KS 67217-2726

7.55 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US33-1636356
Property summary
AI-generated overview

This Class A, 131,708-square-foot industrial building in Wichita, KS, offers a prime leasing opportunity. Located at 1217 W MacArthur Rd, this single-story, 2024-built facility features 32-foot ceilings, eight 9'x10' loading docks (with capacity for eight more), and four 14'x14' drive-in doors. The property boasts 163 parking spaces (including 6 ADA-compliant spaces) and ample power (1600 amps/3-phase/480 volts, expandable to 4000 amps). The space is divisible to a minimum of 50,000 square feet, with the potential for future expansion. The building includes an ESFR sprinkler system, 52'6" x 48' column spacing (60' speed bay), and a durable concrete tilt-up construction with a 60-mil TPO roof. Enjoy significant tax abatements (95% for the first five years, 50% for the next five). This exceptional location provides easy access to major highways (I-235, I-35, and I-135) and proximity to several airports, fostering unparalleled connectivity. The Southwest Wichita submarket offers a strong labor pool, thanks to nearby universities and technical colleges. The building is immediately available. Lease rate is $6.50 PSF NNN.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Lot 7.55 ac (328,878 SF)
APN 087-214-18-0-11-01-001.08
UPID US33-1636356
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k
Owner & transaction history
ASPEN IRONHORSE INDUSTRIAL II LLC
ASPEN IRONHORSE INDUSTRIAL II LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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