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    2040 Rock Rd Wichita, KS 67206-1280
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    Property profile & analytics

    2040 Rock Rd Wichita, KS 67206-1280


    • Retail space
    • 11,592 SF
    • 1.52 lot acres
    Off-Market
    Property ID
    US33-0740141
    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.

    Value Estimations
    $630,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pottery Barn / Furniture & Home Goods / Home Decor Store

    Property Details for 2040 Rock Rd

    Year built
    2006
    Construction
    FRAME
    Lot size
    1.52 lot acres
    Property size
    11,592 SF
    Property type
    Retail space
    APN
    087-113-08-0-22-03-005.01
    APU
    87113080220300501

    Description

    Rock Road Plaza, located at 2040 S Rock Rd, Wichita, KS 67207, offers exceptional office and retail space. This single-story, 14,996 square foot building sits on 1.5 acres and boasts a newly renovated interior (2023), featuring 11-foot ceilings. The property is zoned for office and retail use, allowing for diverse tenant options, including restaurants and medical facilities. Multiple suites are available, with a minimum divisible space of 1,500 square feet and a maximum contiguous space of 1,900 square feet. The building offers ample parking with 200 spaces available. The property benefits from a high-traffic location at the intersection of Rock Road and Pawnee, with over 32,000 vehicles passing daily. Its proximity to McConnell Air Force Base, Beech Aircraft, residential areas, churches, and Southeast High School ensures a strong customer base. The property features 6000 Amps of power. Additional parking in the rear can be enclosed for enhanced security. Annual rent is $18 per square foot, NNN, with rates varying based on suite size, lease length, tenant improvements, and lease terms. This prime location offers easy access to the Derby market. The property is currently undergoing a complete remodel, including a new parking lot and signage, to enhance its appeal and attract high-quality tenants.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $655,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $608,000
      Market price range: $134k - $608k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $440,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $975,000
      Change: +122% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $885,000
      Change: +102% Conversion: Difficult
      MEDICAL BUILDING
      $750,000
      Change: +71% Conversion: Difficult
      OFFICE BUILDING
      $690,000
      Change: +57% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2438
    Latitude
    37.7202
    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
    $77,397
    $232,450
    $439,425
    $671,875
    -
    $929,800
    $1,757,700
    $2,687,500
    More about this property
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