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Property profile & analytics
OFF-MARKET Estimated value $765,000
Hotels

5805 Kellogg Dr Wichita, KS 67209-2339

38,607 SF 2.37 ac lot Built 1965
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US33-0382120
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1965
Construction FRAME
Total area 38,607 SF
Lot 2.37 ac (103,237 SF)
APN 087-138-27-0-41-01-003.00-E
UPID US33-0382120
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
Current use
Occupant on record · Public records
  • Cardtronics ATM Atm
  • A&M Auto Auto Repair Shop
  • SG Covenient Store & smoke shop Grocery & Convenience Store
  • Remington's Lounge Bar & Pub
  • Economy Hotel Plus+ Wichita Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$775k
Blend (final) Blend
$765k
Owner & transaction history
Three Stars LLC · 7 yrs held
Three Stars LLC
since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
2016
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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