You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

2312 Meridian Ave Wichita, KS 67213-1912

Office buildings Google Maps
4,200 SF 0.45 ac lot Built 1986
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US33-0341463

Property summary

AI-generated overview

This exceptional retail opportunity in Wichita, Kansas, presents multiple spaces for lease within the Pawnee Business Park. Located at 2312 S Meridian Ave, Wichita, KS 67213, this property offers a variety of sizes to suit diverse business needs. Currently, four units are available, ranging from 600 to 1,050 square feet. Two units, located at 2312 S. Meridian, offer 600 square feet of open floorplan space each, leasing for $550 per month. Two additional units are situated at 2312 W. Pawnee. One unit, at 1,050 square feet, features an open reception area with smaller offices and leases for $875 per month. The other, a 1,000 square foot space, boasts an open floorplan with two closets, also leasing for $875 per month. All units are situated in Sedgwick County and provide convenient access to Wichita's thriving commercial district. This is an ideal location for businesses seeking flexible, well-priced retail space in a highly accessible area. The property is categorized as multi-tenant retail space. Contact us today to schedule a viewing and secure your ideal space.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction FRAME
Total area 4,200 SF
Lot 0.45 ac (19,602 SF)
APN 087-129-31-0-33-06-003.00-A
UPID US33-0341463

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Broker
  • Nail Salon
  • Crisis Center Medical Clinic
  • Alternative Medicine Practice Spa & Massage Center
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$617k
Blend (final) Blend
$275k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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