5805 Kellogg Dr Wichita, KS 67209
- Hotels
- 38,607 SF
- 2.37 lot acres
Current Use by Public Records
- Cardtronics ATM / Atm
- A&M Auto / Auto Repair Shop
- SG Covenient Store & smoke shop / Convenience Store
- Remington's Lounge / Bar / Cocktail Bar
- Economy Hotel Plus+ Wichita / Hotel
Property Details for 5805 Kellogg Dr
- Year built
- 1965
- Construction
- FRAME
- Lot size
- 2.37 lot acres
- Property size
- 38,607 SF
- Property type
- Hotels
- APN
- 087-138-27-0-41-01-003.00-E
- APU
- 087138270410100300E
Description
This exceptional commercial property, located at 5805 W Kellogg Dr in Wichita, Kansas, offers a significant opportunity for a variety of food service and event businesses. The property encompasses a total of 38,607 square feet situated on a 2.37-acre lot, zoned GC - General Commercial in Sedgwick County. Currently, 10,500 square feet of space is immediately available, divisible into units as small as 1,700 square feet, with a maximum contiguous space of 10,500 square feet. The property features a fully equipped commercial kitchen, a bar/lounge area, and a dedicated banquet space, making it ideal for catering, restaurants, or event venues. Its prime location on W Kellogg Dr provides excellent visibility and easy highway access, complemented by ample on-site parking. The property's versatile layout and extensive amenities present a unique opportunity for businesses seeking a prominent location with significant space and functionality. This is a rare chance to secure a substantial and well-equipped commercial space in a high-traffic area of Wichita. The property is categorized as Retail, Restaurant, and Special Purpose, with subtypes including Bar, Banquet Space, and Kitchen. The tenancy is multiple, allowing for flexibility in lease terms and configurations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $770,000
- 6.5%
- $760,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $755,000
- Geo Method
- $825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $570,000
- Retail
- $605,000
- Mixed-Use
- $575,000
- Hospitality
- $755,000
- Educational
- $755,000
- Residential Income
- $575,000
- Energy
- $570,000
- Income-Based Land
- $635,000
- Food Service
- $710,000
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.4108
- Latitude
- 37.6721
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA