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Property profile & analytics
OFF-MARKET Estimated value $705,000
Outlet malls

1900 Pawnee St Wichita, KS 67211-5345

14,945 SF 1.39 ac lot Built 1956
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0342396
Property summary
AI-generated overview

This exceptional 14,945-square-foot retail showroom/warehouse, located at 1900 E. Pawnee St. in Wichita, Kansas, presents a compelling investment opportunity. Built in 1956, the property boasts a highly desirable location with convenient access from Pawnee Street, Southeast Boulevard, and Blake Street, ensuring excellent visibility and accessibility. The building features a fully climate-controlled interior with an open layout, ideal for a variety of retail or warehouse uses. The property includes an 8x8 overhead door, facilitating easy loading and unloading, and is equipped with 3-phase power. The lot size is substantial at 60,539 square feet, offering ample space for expansion or outdoor storage. The asking price is $750,000, translating to $50.18 per square foot. The property is zoned LC. The building's size is 14,945 square feet. Lease rate is $6.00/sf (NNN) with an estimated NNN of $1.52. This prime Wichita location and versatile space make this an attractive proposition for discerning investors seeking a strong return on investment.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1956
Construction FRAME
Total area 14,945 SF
Lot 1.39 ac (60,548 SF)
APN 087-128-34-0-33-06-011.00
UPID US33-0342396
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$965k
Blend (final) Blend
$705k
Owner & transaction history
1900 EAST PAWNEE LLC
1900 EAST PAWNEE LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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