Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1945 Rock Rd, Unit 2401 Wichita, KS 67206-1237

    • Garden apartment buildings
    • 40,416 SF
    • 5.39 lot acres
    OFF-MARKET
    Value Estimation
    $805,000
    Location Intelligence
    Property ID
    US33-0750960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Midwest Property Preservation / Property Management Company
    • Sundance Apartments / Apartment Complex / Apartment Building
    • LawnStarter Lawn Care Service / Lawn Care Service

    Property Details for 1945 Rock Rd

    Year built
    1979
    Lot size
    5.39 lot acres
    Property size
    40,416 SF
    Property type
    Garden apartment buildings
    APN
    087-113-07-0-11-01-006.00
    APU
    87113070110100600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $760,000

    • CAP approach

      CAP return
      Estimation
      6%
      $895,000
      6.5%
      $1,055,000
      7%
      $1,060,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,030,000
      Geo Method
      $1,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,095,000
      Retail
      $955,000
      Mixed-Use
      $945,000
      Hospitality
      $995,000
      Educational
      $875,000
      Residential Income
      $975,000
      Energy
      $1,045,000
      Income-Based Land
      $1,100,000
      Food Service
      $925,000

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2485
    Latitude
    37.7191
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,871
    $60,720
    $702,259
    $762,979
    -
    $528,000
    $6,106,600
    $6,634,600

    Comparable in this City

    • Value Estimation
      $925,000
      2,925 SF

      7677 21st N St, Unit 1001

      GARDEN APT, COURT APT (5+ UNITS) • 2,925 SF
      7677 21st N St, Wichita, KS 67206-1021
      View Details
    • Value Estimation
      $550,000
      17,289 SF

      300 127th E St

      GARDEN APT, COURT APT (5+ UNITS) • 17,289 SF
      300 127th E St, Wichita, KS 67206-2704
      View Details
    • Value Estimation by Request
      25,830 SF

      8165 Central Ave, Unit 1001

      GARDEN APT, COURT APT (5+ UNITS) • 25,830 SF
      8165 Central Ave, Wichita, KS 67206-2352
      View Details
    • Value Estimation
      $940,000
      1,572 SF

      505 Rock Rd, Unit 1001

      GARDEN APT, COURT APT (5+ UNITS) • 1,572 SF
      505 Rock Rd, Wichita, KS 67206-1718
      View Details
    • Value Estimation
      $1,095,000
      40,968 SF

      9911 21st N St, Unit 101

      GARDEN APT, COURT APT (5+ UNITS) • 40,968 SF
      9911 21st N St, Wichita, KS 67206-3521
      View Details
    • Value Estimation by Request
      8.31 Acres

      110 127th E St, Unit 100

      GARDEN APT, COURT APT (5+ UNITS) • 8.31 Acres
      110 127th E St, Wichita, KS 67206-2762
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,000 SF

      Crestpoint Office Suites, Wichita, KS

      Class A Office Space, Multi-Tenant, Vacant
      0 127Th St, Wichita, KS 67206
      View Details
    • $2,800,000
      11,350 SF

      Class A Office Space

      Prime East Wichita Class A office space for sale.
      9860 E 21St St N, Wichita, KS 67206
      View Details
    • $4,700,000

      Wichita Office Building For Sale

      Office building available for purchase in Wichita, Kansas.
      12219 E Central Ave, Wichita, KS 67206
      View Details
    • $313,632

      Commercial Land For Sale

      Commercial land with frontage on 127th St, near K-96.
      127Th St, Wichita, KS 67206
      View Details
    • Contact for pricing
      7,626 SF

      Retail Space in Plazzio Development

      Second generation retail space in east Wichita's Plazzio development.
      11423 E 13Th St N, Wichita, KS 67206
      View Details
    • $550,000
      2,800 SF

      Established Liquor Store Business Opportunity

      Turnkey liquor store business for sale in a high-traffic location.
      12041 E 13Th St N, Wichita, KS 67206
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Land, Wichita

      Build-to-Suit, 20,000 sq ft lot
      11333 Central Ave, Wichita, KS 67206
      View Details
    • $17 SF/Yr
      51,000 SF

      Cranbrook Office Suites, Wichita, KS

      Class A Office Space, Multiple Sizes Available
      10111 21St St, Wichita, KS 67206
      View Details
    • $16 SF/Yr
      40,212 SF

      Prime Wichita Office Space

      Versatile Office Suites, Full-Service Lease
      7309 21St St, Wichita, KS 67206
      View Details
    • $26 SF/Yr
      63,600 SF

      Crestpoint Office Suites, Wichita, KS

      Class A Office Space, Flexible Suites, Wichita
      0 127Th St, Wichita, KS 67206
      View Details
    • $28 SF/Yr
      3,964 SF

      Restaurant Space Near Kellogg & Rock

      Former Denny's restaurant space for lease in east Wichita.
      8030 E Kellogg St, Wichita, KS 67206
      View Details
    • $26 SF/Yr
      10,648 SF

      Office Space Near Major Highways

      2,700 SF cold-shell office space with highway access.
      494 North 127Th St East, Wichita, KS 67206
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1945 Rock Rd, Unit 2401
    Wichita, KS 67206-1237
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.