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Property profile & analytics
OFF-MARKET
Medical Office Space
2535 Lincoln St Wichita, KS 67211-3821
Entity Owned
~
Est. High Equity
Property ID
US33-0347027
Property summary
AI-generated overview
This 9,749-square-foot medical office building, situated on a 0.61-acre lot at 2535 E Lincoln St, Wichita, KS 67211, presents a compelling investment opportunity. Built in 1989 and renovated in 2012, the Class B property boasts a single story and is currently vacant, offering immediate occupancy. The building is in excellent condition and ready for a new tenant. Its prime location on East Lincoln Street benefits from high traffic counts exceeding 10,300 vehicles daily. The surrounding area demonstrates strong demographics, with over 105,000 people residing within a 3-mile radius and 239,000 within a 5-mile radius. The property is zoned C and features one building. This NNN lease property offers significant potential for a medical practice or related business seeking a well-maintained space in a high-traffic, densely populated area. The APN is 00195000.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
CONCRETE BLOCKS
Total area
7,958 SF
Lot
0.61 ac (26,572 SF)
APN
087-128-27-0-41-02-016.00
UPID
US33-0347027
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
-
Via Christi Occupation Clinic Medical Clinic
-
Comprehensive Occupational Physician
-
Phillip Challans Pediatrician Medical Clinic
-
Kevin Meyer Physician
-
Susan Rockley Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Aca Management LLC
Aca Management LLC
since 2026
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$25,647
Tax year 2023
Assessed value
$113,325
Assessed 2024
Previous assessed
$222,600
-49.1% YoY
Effective rate
22.63%
On assessed value
Assessed land
$13,325
Assessed improvement
$100,000
Land market value
$53,300
Improvement market value
$400,000
Total market value
$453,300
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1989
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
7,958 SF
Lot
0.61 ac (26,572 SF)
APN
087-128-27-0-41-02-016.00
UPID
US33-0347027
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
Building & site characteristics
From public records
Year built
1989
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.61 ac
Current owner
From public records · entity-resolved
Aca Management LLC
Entity
Mailing address
11013 LELAND RICH CT, AUSTIN, TX 78717-5073
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2026
—
Aca Management LLC
Art LLC
Special Warranty Deed
$440,000 · Luminate Bank
Mar 13, 2024
—
Art LLC
Universal Motor Fuels INC
Special Warranty Deed
—
Oct 19, 2020
—
Universal Motor Fuels INC
—
Deed
related
$500,000 · Commerce Bank
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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