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Property profile & analytics
FOR LEASE
Office buildings
2434 N Woodlawn Blvd Wichita, KS 67226
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0747020
For Lease
1 / 2
$10 SF/Yr
2434 N Woodlawn Blvd, Wichita, KS 67226
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Property summary
AI-generated overview
This exceptional 1,492 square foot medical office space is available for lease in a prime Wichita, Kansas location at 2434 N Woodlawn Blvd, zip code 67220. Situated in Sedgwick County, this property is part of a larger 8,700 square foot multi-tenant office building. The space offers excellent visibility and accessibility, making it ideal for a variety of medical practices. The building enjoys a vibrant and convenient location, surrounded by a diverse range of businesses including Sedgwick Plaza, Huntley Yards, Oxford Square Netability, DBC Living, Spangles, KFC, Boost Mobile, Pizza Hut, Emprise Bank, Wendy's, Dollar Tree, and a Taco Shop, ensuring high foot traffic and easy access for patients. The estimated Net, Net, Net (NNN) expense is $5.00 per square foot. This presents a fantastic opportunity for medical professionals seeking a well-located, readily available space to establish or expand their practice. The property's address is easily accessible and benefits from strong local amenities. This space is ready for immediate occupancy. Contact us today to schedule a viewing and learn more about this exceptional opportunity.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1992
Construction
FRAME
Total area
9,000 SF
Lot
0.92 ac (40,075 SF)
APN
087-113-06-0-33-01-004.00
UPID
US33-0747020
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
Current use
Occupant on record · Public records
-
Dr. Stephanie A. Robertson-Cameron, DDS Dental Office
-
Bradley Begnoche Physician
-
Melissa A. Kabler, DC Alternative Medicine Practice
-
Dr. Vicki Dukes, DC Alternative Medicine Practice
-
Dunlap Chiropractic dba Lakewood Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$979k
Blend (final)
Blend
$1.06M
Owner & transaction history
WOODLAWN PROPERTY LLC
WOODLAWN PROPERTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$965,000
+29.3%
Apartment house (5+ units)
$755,000
+1.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wichita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wichita submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$745,000
Current use
RESTAURANT
$965,000
Change: +29% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$755,000
Change: +1% · Conversion: Easy
AUTO REPAIR, GARAGE
$690,000
Change: -8% · Conversion: Difficult
WAREHOUSE, STORAGE
$680,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$655,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$118 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,674
Tax year 2023
Assessed value
$235,800
Assessed 2024
Previous assessed
$214,150
+10.1% YoY
Effective rate
10.46%
On assessed value
Assessed land
$45,125
Assessed improvement
$190,675
Land market value
$180,500
Improvement market value
$762,700
Total market value
$943,200
Applied tax rate
6,702.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1992
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
9,000 SF
Lot
0.92 ac (40,075 SF)
APN
087-113-06-0-33-01-004.00
UPID
US33-0747020
Jurisdiction
SEDGWICK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$745,000
RESTAURANT
Est. value
$965,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$690,000
WAREHOUSE, STORAGE
Est. value
$680,000
RETAIL STORES
Est. value
$655,000
OFFICE BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
WOODLAWN PROPERTY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
156 N EMPORIA AVE, WICHITA, KS 67202-2506
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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