331 Greenwich Rd Wichita, KS 67206
This exceptional offering presents ten brand-new Class A garage condominiums, each spanning 1,882 to 1,888 square feet, situated on a 2.22-acre lot in East Wichita, Kansas. Built in 2023, these units are perfect for diverse business needs or personal storage. Located conveniently near the intersection of S Greenwich Rd and E Kellogg Dr, the property boasts easy access to major thoroughfares like E. Kellogg, US-54, and US-400. Each unit features a 14-foot automatic insulated overhead door, 16- to 20-foot ceilings, 200-amp 3-phase electrical service, and individually metered utilities and heating systems. The permitted zoning is Limited Industrial. The asking price is $195,000 per unit, with optional build-outs available, including a 322-square-foot office and restroom addition for an increased price. Future expansion is planned, with an additional ten units slated for construction in a second building. This is a rare opportunity to acquire versatile, high-quality flex space in a prime East Wichita location. The property's APN is 087-115-21-0-44-03-001.02. This is a single-story building with ten units.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.