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Property profile & analytics
OFF-MARKET
Industrial properties
1301 Douglas Ave Wichita, KS 67213-4019
Entity Owned
~
Est. High Equity
Property ID
US33-0491015
Property summary
AI-generated overview
This exceptional 21,827 square foot commercial lot presents a unique development opportunity in Wichita, Kansas's thriving Delano neighborhood. Situated at the southwest corner of Douglas Avenue and Exposition, this shovel-ready site boasts ideal dimensions of 190 feet by 125 feet, offering unparalleled visibility and accessibility. Zoned for Limited Industrial and Limited Commercial uses, this property is perfect for a variety of projects, including retail, restaurant, or office spaces. The build-to-suit nature of this offering allows for maximum flexibility in design and construction to meet specific business needs. The estimated 2023 property taxes are $1,775. This prime location within the growing Delano area ensures high traffic volume and strong potential for return on investment. Don't miss this chance to secure a prominent location in a rapidly developing neighborhood. Act quickly to capitalize on this exceptional opportunity to build your dream project in a vibrant and expanding community. The property's address is 1301 W Douglas Ave, Wichita, KS 67213, within Sedgwick County.
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1925
Construction
FRAME
Total area
1,111 SF
Lot
0.22 ac (9,583 SF)
APN
087-124-19-0-44-03-001.00
UPID
US33-0491015
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
Current use
Occupant on record · Public records
-
Affordable Autos Inc Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Douglas Apartment LLC
The Douglas Apartment LLC
since 2025
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wichita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wichita submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$364
Tax year 2023
Assessed value
$3,156
Assessed 2024
Previous assessed
$3,156
+0.0% YoY
Effective rate
11.53%
On assessed value
Assessed land
$3,156
Land market value
$26,300
Total market value
$26,300
Applied tax rate
6,771.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
1,111 SF
Lot
0.22 ac (9,583 SF)
APN
087-124-19-0-44-03-001.00
UPID
US33-0491015
Jurisdiction
SEDGWICK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
The Douglas Apartment LLC
Entity
Mailing address
PO BOX 771042, WICHITA, KS 67277-1042
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2025
—
The Douglas Apartment LLC
—
Deed
related
$3,082,627 · Meritrust FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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