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Property profile & analytics
OFF-MARKET
Office buildings
1809 Hoover Rd Wichita, KS 67209-2858
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0621386
Property summary
AI-generated overview
This exceptional 1,423-square-foot commercial space is immediately available for lease at 1809 S Hoover Rd, Suite 101, Wichita, KS. Located directly adjacent to the ICT Airport and major thoroughfares (235 and Kellogg Highway), this property offers unparalleled accessibility and visibility. The space features a prominent marquee for enhanced signage, ensuring maximum exposure. Its versatile layout is suitable for various businesses, from retail to professional services. The lease is a modified gross lease at a competitive rate of $12 per square foot. This prime location provides exceptional convenience for clients and customers, making it an ideal opportunity for businesses seeking high visibility and easy access to transportation hubs. The property is part of a multi-tenant building. This is a rare opportunity to secure a well-positioned commercial space in a high-demand area. The space is ready for immediate occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
FRAME
Total area
8,281 SF
Lot
0.96 ac (41,818 SF)
APN
087-138-34-0-11-01-005.00-B
UPID
US33-0621386
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
-
Phast Parts Enterprise LLC Freight Service Logistics Company
-
Luma III, Inc Industrial Manufacturer Production Facility
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
ECK LEASING LLC
ECK LEASING LLC
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
$8,672
Tax year 2023
Assessed value
$78,975
Assessed 2024
Previous assessed
$75,225
+5.0% YoY
Effective rate
10.98%
On assessed value
Assessed land
$15,675
Assessed improvement
$63,300
Land market value
$62,700
Improvement market value
$253,200
Total market value
$315,900
Applied tax rate
6,702.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
8,281 SF
Lot
0.96 ac (41,818 SF)
APN
087-138-34-0-11-01-005.00-B
UPID
US33-0621386
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
1986
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
ECK LEASING LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1651 N 215TH ST W, GODDARD, KS 67052-9106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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