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    5000 29th N St Wichita, KS 67220-2111
    Property profile & analytics

    5000 29th N St Wichita, KS 67220-2111


    • Office buildings
    • 2,579 SF
    • 21.71 lot acres
    Off-Market
    Property ID
    US33-0247171
    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.

    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    6.7%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Pioneer Balloon Co / Industrial Manufacturer / Production Facility
    • Continental American Corporation / Party Supply Store
    • MyBalloon / Wedding Service / Event Planning

    Property Details for 5000 29th N St

    Year built
    1952
    Lot size
    21.71 lot acres
    Property size
    2,579 SF
    Property type
    Office buildings
    APN
    087-097-36-0-33-01-001.00-B
    APU
    087097360330100100B

    Description

    This exceptional 48,276 square foot creative office building presents a unique investment opportunity in Wichita, Kansas. Located at 5000 East 29th St N, 67220, this property boasts a prime location nestled within the serene landscapes of Chisholm Creek State Park, offering a tranquil and private work environment. Built in 1995, the two-story structure features concrete construction, ensuring durability and longevity. The efficient floor plan is complemented by quality finishes and a well-maintained interior, showcasing open layouts ideal for modern businesses. Ample parking is available in the extensive parking area, catering to employees and visitors alike. The property sits on a substantial 27.434-acre lot, providing ample space and a gated drive for enhanced security and privacy. Additional features include a full basement, multiple patios for outdoor enjoyment, and wooded surroundings that enhance the peaceful atmosphere. The property is zoned for general office use and offers convenient access to K96, as well as nearby restaurants and services. The asking price is $9,500,000, translating to $196.79 per square foot. Occupancy is available January 16, 2024. This is a rare opportunity to acquire a distinctive and well-appointed office complex in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $495,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $555,000
      6.5%
      $510,000
      7%
      $475,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $340,000
      Market price range: $116k - $341k

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


    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2765
    Latitude
    37.7392
    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
    $159,316
    $75,990
    $1,418,090
    $1,494,080
    -
    $315,300
    $5,812,130
    $6,127,430
    More about this property
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