Financial
Distress signals
Property profile

1639 S Meridian Ave Wichita, KS 67213

FOR LEASE
Strip malls
Property ID
US33-0661777
6,000 SF 0.43 ac lot Built 1979
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 6,000 square foot retail property, located at 1639 S. Meridian Ave. in Wichita, Kansas, presents a fantastic opportunity. The single-story, Class B building, constructed in 1979, sits on a 0.43-acre lot and is zoned LC. The property features 1,200 square feet of immediately available space, with a minimum divisible unit of 1,200 square feet. The flexible layout is ideal for a variety of retail uses, offering both office and warehouse space, including an overhead door. Benefit from

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$69k
Assessed land$12k
Assessed improvement$57k
Effective rate10.53%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k
NOI build-up
Gross scheduled income$60k
Vacancy & credit loss−$3k
Operating expenses−$17k
NOI · 2,491.54% cap applied$40k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,491.54%
$40k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSEDGWICK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.7
Law Firm16.1
Dental Office15.3

Location

1639 S Meridian Ave Wichita, KS 67213
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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