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Property profile & analytics
OFF-MARKET Estimated value $305,000
Strip malls

1885 Rock Rd Wichita, KS 67207-5249

4,814 SF 0.36 ac lot Built 1987
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0247094
Property summary
AI-generated overview

This exceptional commercial property at 1885 S Rock Rd, Wichita, KS 67207, presents a compelling investment opportunity. The property consists of two buildings totaling 9,614 square feet, zoned for General Commercial use. One building, at 1885 S Rock Rd, offers 4,814 square feet, with 3,000 square feet currently vacant and an additional 1,814 square feet leased to a restaurant tenant. The other building, at 1845 S Rock Rd (though the listing focuses on 1885), comprises 4,800 square feet and houses multiple restaurant tenants. The existing leases on this building generate a gross monthly income of $7,870 and expire between August 2027 and May 2028. The vacant 3,000 square foot space at 1885 S Rock Rd offers significant potential for value-add improvements and increased rental income. This property is ideally suited for investors seeking a blend of immediate income and future growth potential in a prime Wichita location. The property is available for sale or lease, presenting a flexible investment option for discerning buyers or tenants. The property's location on South Rock Road ensures high visibility and accessibility, making it an attractive proposition for a variety of commercial uses.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction FRAME
Total area 4,814 SF
Lot 0.36 ac (15,682 SF)
APN 087-119-31-0-14-01-008.00
UPID US33-0247094
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
  • Pizza Hut Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k
Owner & transaction history
HP VENTURES LLC
HP VENTURES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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