Property profile

2945 N Porter Ave Wichita, KS 67204

FOR SALE
Warehouses
Property ID
US33-0552819
4,910 SF 0.27 ac lot Built 1929
Individually Owned 19-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail property, located at 2945-2949 N. Porter Ave. in Wichita, Kansas, offers 4,910 square feet of versatile space in a prime location at the intersection of 29th & Amidon. The property features three separately metered units, providing flexibility for various tenants. Currently, 3,000 square feet is available for lease. Recent upgrades include a new water system, updated windows, energy-efficient LED lighting, and a modern HVAC system in one unit. The electrical system has also been completely updated throughout the building. Ample parking is available with 5+ spaces. The property sits on an 11,841 square foot lot and is zoned LC. Ideal for a variety of retail uses, including barber shops, salons, and other retail businesses. Additionally, there is an office/warehouse component with two overhead doors, offering further potential for diverse business operations. This property presents a unique opportunity in Sedgwick County, Kansas, with its combination of updated amenities and high-visibility location. The property's strategic location and recent improvements make it an attractive investment for businesses seeking a well-maintained and functional space in a thriving area. Contact us today to learn more about leasing opportunities.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1929
Construction CONCRETE BLOCKS
Total area 4,910 SF
Lot 0.27 ac (11,761 SF)
APN 087-123-06-0-12-01-001.00
UPID US33-0552819

Cap rate & NOI

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

Location

2945 N Porter Ave Wichita, KS 67204
Wichita metro Census 8300 WICHITA, KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

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