Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    411 Webb Rd Wichita, KS 67207-1307

    • Motels
    • 41,728 SF
    • 2.93 lot acres
    OFF-MARKET
    Value Estimations
    $1,270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US33-0267525
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hawthorn Extended Stay by Wyndham Wichita / Hotel & Motel
    • MKEC Engineering, Inc. / Engineering Consultant
    • Hawthorn Suites by Wyndham Wichita East / Hotel & Motel

    Property Details for 411 Webb Rd

    Year built
    1981
    Lot size
    2.93 lot acres
    Property size
    41,728 SF
    Property type
    Motels
    APN
    087-114-20-0-44-02-001.00
    APU
    87114200440200100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,125,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,411,000
      Market price range: $837k - $1.91M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,305,000
      Current use
      OFFICE BUILDING
      $2,015,000
      Change: +54% Conversion: Difficult
      RETAIL STORES
      $1,680,000
      Change: +29% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2271
    Latitude
    37.6806
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $47,341
    $239,500
    $301,025
    $540,525
    -
    $958,000
    $1,204,100
    $2,162,100

    Comparable in this City

    • Value Estimation
      $895,000
      40,800 SF

      9450 Corporate Hls Dr

      MOTEL • 40,800 SF
      9450 Corporate Hls Dr, Wichita, KS 67207-1321
      View Details
    • Value Estimation
      $1,800,000
      36,673 SF

      9449 Corporate Hls Dr

      MOTEL • 36,673 SF
      9449 Corporate Hls Dr, Wichita, KS 67207-1322
      View Details
    • Value Estimation
      $1,220,000
      35,272 SF

      8300 Kellogg Dr

      MOTEL • 35,272 SF
      8300 Kellogg Dr, Wichita, KS 67207-1814
      View Details
    • Value Estimation
      $890,000
      38,042 SF

      8220 Kellogg Dr

      MOTEL • 38,042 SF
      8220 Kellogg Dr, Wichita, KS 67207-1812
      View Details
    • Value Estimation by Request
      0.90 Acres

      Wichita, KS 67207

      HOTEL/MOTEL • 0.90 Acres
      Wichita, KS 67207
      View Details
    • Value Estimation
      $2,760,000
      60,072 SF

      417 Webb Rd

      MOTEL • 60,072 SF
      417 Webb Rd, Wichita, KS 67207-1307
      View Details

    Similar Nearby for Sale

    • $2,930,443
      11.22 Acres

      East Kellogg Prime Development Land

      11.22 Acres, Wichita, KS - $2.9M
      0 Kellogg & Greenwich Rd, Wichita, KS 67207
      View Details
    • $4,000,000
      49,862 SF

      Wichita Flex Space: Prime Location

      Spacious flex space, ideal for various uses.
      7236 Harry St, Wichita, KS 67207
      View Details
    • $484,800
      80,800 SF

      Commercial Land Near Greenwich

      1.85 acres of commercial development land for sale.
      300-340 S Greenwich Rd, Wichita, KS 67207
      View Details
    • Contact for pricing
      45,000 SF

      Commercial Land Near Harry and Webb

      45,000 SF commercial land near high-traffic intersection.
      9999 E Harry St, Wichita, KS 67207
      View Details
    • $350,000
      500 SF

      Kellogg Office Building: Wichita, KS

      Prime Wichita Office Space: Buy or Lease
      6631 Kellogg Dr, Wichita, KS 67207
      View Details
    • $1,932,054
      19,225 SF

      Wichita Executive Office Park

      Prime Wichita office space, excellent investment.
      7803 Osie St, Wichita, KS 67207
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      14,033 SF

      Greenview Plaza Retail Space

      Wichita retail space, 2 units available.
      307 Greenwich Rd, Wichita, KS 67207
      View Details
    • Contact for pricing
      2,445 SF

      Flex Space with Overhead Doors

      Flex space suites featuring overhead doors and included trash services.
      602 N Webb Rd, Wichita, KS 67207
      View Details
    • $18 SF/Yr
      2,310 SF

      Former Salon Space Available

      2,310 SF retail space, ideal for salon or retail.
      313 S Greenwich Rd, Wichita, KS 67207
      View Details
    • $15 SF/Yr
      5,300 SF

      Retail Space on Rock Road

      Retail space for lease with Rock Road frontage, available 2025.
      1655 S Rock Rd, Wichita, KS 67207
      View Details
    • Contact for pricing
      71,874 SF

      Wichita, KS Prime Commercial Land

      71,899 SF Lot, Excellent Visibility
      368 Towne East Mall Dr, Wichita, KS 67207
      View Details
    • Contact for pricing
      3,864 SF

      Restaurant Space in Whole Foods Center

      Rare restaurant opportunity in high-profile Wichita shopping center.
      1441 N Webb Rd, Wichita, KS 67207
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    411 Webb Rd
    Wichita, KS 67207-1307
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!