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Property profile & analytics
OFF-MARKET Estimated value $1,300,000
Outlet malls

4830 Lincoln St Wichita, KS 67218-2449

8,320 SF 0.83 ac lot Built 2012
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US33-0760550
Property summary
AI-generated overview

This exceptional 8,320-square-foot storefront retail space, located at 4830 E Lincoln St in Wichita, Kansas, presents a significant investment opportunity. Situated on a 0.83-acre lot (36,000 square feet), this single-story, 2012-built building boasts a prominent location directly across from Parklane Shopping Center at the intersection of Lincoln and Oliver. The property features 34 parking stalls and benefits from high visibility due to a traffic count of 21,647 vehicles per day at the major intersection. Currently vacant, the space offers immediate occupancy from September 30, 2023, and is zoned for limited commercial use. The asking price is $600,000, translating to $72.12 per square foot. Tenant responsibilities include utilities, insurance, snow removal, sweeping, and trash removal, as outlined in the estimated net operating expenses. This property is ideal for a variety of retail uses and offers significant potential for a strong return on investment. The building is in excellent condition and ready for immediate occupancy. Don't miss this chance to secure a prime retail location in a thriving Wichita neighborhood.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2012
Construction STEEL FRAME
Total area 8,320 SF
Lot 0.83 ac (36,155 SF)
APN 087-127-25-0-23-02-022.00
UPID US33-0760550
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.31M
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.30M
Owner & transaction history
Jts Investments LLC · 14 yrs held
Jts Investments LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.0M +9.9%
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