7340 W 21St St Wichita, KS 67205
- Office buildings
- 34,754 SF
- 3.17 lot acres
Current Use by Public Records
- Premier Physical Therapy / Physical Therapist / Physical Therapy Clinic
- Goosehead Insurance - Scott Hanika / Insurance Agency
- LeaderOne Financial Corporation / Mortgage Lender / Financial Institution
- Federal Deposit Insurance Corporation / Insurance Agency
- Nustar Pipeline Partners LP / Distribution Service
Property Details for 7340 W 21St St
- Year built
- 1999
- Lot size
- 3.17 lot acres
- Property size
- 34,754 SF
- Property type
- Office buildings
- APN
- 087-132-04-0-44-02-002.05
- APU
- 87132040440200205
Description
This exceptional two-story office building, totaling 34,754 square feet, is situated in the desirable northwest Wichita area. Built in 1999, the property boasts a convenient location at 7340 W 21st St, Wichita, KS 67205, northwest of the intersection of Ridge Road and 21st Street North. The single building sits on a 3.17-acre lot and offers a substantial 193 parking spaces for tenants and visitors. The property is zoned LC and is classified as a Traditional Office building with multiple tenancies. This presents a unique opportunity for businesses seeking a well-established and spacious office environment in a thriving area of Sedgwick County. The building's substantial size and ample parking make it ideal for a variety of businesses, offering flexibility for different occupancy needs. The property's location provides easy access to major roadways and amenities, enhancing its appeal to potential tenants. This is a turnkey opportunity for businesses seeking a functional and well-maintained office space in a prime Wichita location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,090,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,030,000
- 6.5%
- $1,165,000
- 7%
- $1,075,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,155,000
- Geo Method
- $1,040,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,335,000
- Retail
- $1,230,000
- Mixed-Use
- $1,220,000
- Hospitality
- $1,245,000
- Educational
- $1,065,000
- Residential Income
- $1,310,000
- Energy
- $1,050,000
- Income-Based Land
- $1,140,000
- Food Service
- $1,180,000
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.4274
- Latitude
- 37.7256
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
