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Property profile & analytics
FOR SALE
Flex space

300 W Murdock St Wichita, KS 67203

31,656 SF 0.64 ac lot Built 1930
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0788353
Property summary
AI-generated overview

This exceptional 30,000-square-foot warehouse presents a rare redevelopment opportunity in the heart of Wichita. Built in 1930, this two-story building sits on a 1.31-acre lot and is zoned for limited industrial use. The property features a single tenancy, offering significant potential for adaptive reuse or modernization. Access is provided by one dock-high door and one drive-in door, complemented by an indoor loading dock. The building boasts abundant natural light, a significant advantage for many modern industrial uses. Furthermore, the property benefits from heavy 3-phase power and independent electrical transformers, ensuring reliable and sufficient power supply. This landmark building offers a unique chance to acquire a substantial industrial space with significant potential. The property's central Wichita location provides easy access to major transportation routes and a robust workforce. Note that additional adjacent land is available for sale or lease, providing expansion opportunities for the right buyer. This is a truly unique opportunity to acquire a piece of Wichita's industrial history and shape its future.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1930
Construction WOOD
Total area 31,656 SF
Lot 0.64 ac (27,878 SF)
APN 087-124-17-0-42-04-007.00-A
UPID US33-0788353
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
  • EW7 Products Hardware & Home Improvement Interior Design
  • Stucky Homes Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$1.22M
Owner & transaction history
300 MURDOCK LLC
300 MURDOCK LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.9M +72.9%
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More about this property
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