2420 13th N St Wichita, KS 67203-1929
- Strip malls
- 3,416 SF
- 0.53 lot acres
Current Use by Public Records
- Farmers Insurance - Christian Marino / Insurance Agency / Auto Insurance Agency
- Farmers Insurance - Nicholas Larson / Insurance Agency / Auto Insurance Agency
- OCEAN Massage / Massage Therapist
Property Details for 2420 13th N St
- Year built
- 1978
- Construction
- FRAME
- Lot size
- 0.53 lot acres
- Property size
- 3,416 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 087-123-07-0-33-04-010.00
- APU
- 87123070330401000
Description
This exceptional multi-tenant retail and office property, situated on a 0.53-acre lot at the northeast corner of 13th and Meridian in Sedgwick County, Kansas, offers 3,416 square feet of leasable space. Built in 1978 and zoned LC, the property boasts a convenient location with high visibility and significant traffic. Currently, one retail space of 1,485 square feet is available for lease. The property features a surfaced parking lot for ample customer and tenant parking. Strong anchor tenants, including Da' Chicken Shak, contribute to a thriving commercial environment. The high-traffic intersection of 13th and Meridian sees a remarkable 20,147 vehicles per day, ensuring excellent exposure for your business. Monument signage is available, providing prominent branding opportunities. The property benefits from a strong neighborhood presence, with nearby businesses including Ace Hardware, Copper Oven, Cameo Cakes, Johnson's Garden Center, Pet Haven Vet Clinic, Asbury Child Development Center, and Southwest National Bank, creating a vibrant and well-established commercial district. This location offers a unique opportunity to establish or expand your business in a high-traffic, well-established area with excellent visibility and ample parking. The property's multi-tenant nature provides a diverse and stable tenant base. Inquire today to learn more about this exceptional leasing opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $195,000
- 6.5%
- $200,000
- 7%
- $190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $180,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $195,000
- Mixed-Use
- $180,000
- Hospitality
- $180,000
- Educational
- $175,000
- Residential Income
- $230,000
- Energy
- $230,000
- Income-Based Land
- $235,000
- Food Service
- $185,000
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3711
- Latitude
- 37.7092
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
