1220 37th N St, Wichita, KS 67219-3519
This exceptional 21,958-square-foot industrial building, located at 1220 E 37th St N in Wichita, Kansas, presents a unique investment opportunity. The property, classified as Class B, boasts a single-story structure built in 1980 and renovated in 2002, sitting on a generous 2.94-acre lot. Its flexible design caters to a variety of uses, combining warehouse and flex space. The building features three drive-in doors for convenient access, and boasts approximately 3,200 square feet of office space distributed across two floors. Approximately half of the shop area benefits from air conditioning, enhancing its versatility. Existing infrastructure includes pallet racking and crane rails, ready for immediate use. The property is zoned GI and offers 480V/300A/3P power. A significant upgrade was completed in 2023 with the installation of a new TPO roof. Its strategic location provides excellent interstate access, making it an ideal choice for businesses seeking efficient logistics and operations. This single-tenant property offers significant potential for a wide range of industrial and commercial applications. The property's size, features, and location combine to create a compelling investment opportunity in the thriving Wichita market.
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Wood Specialties Inc General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.