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Property profile & analytics
OFF-MARKET Estimated value $560,000
Strip malls

832 Webb Rd Wichita, KS 67206-1851

12,503 SF 1.73 ac lot Built 2002
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US33-0653042
Property summary
AI-generated overview

This exceptional East Wichita retail property, located at 832 N Webb Rd, offers a 2,600 square foot space within a 12,503 square foot, single-story building constructed in 2002. The property is classified as Class B and sits on 1.73 acres of land, providing ample space and visibility. The building features a total of four suites, with one suite currently vacant and immediately available for lease. The minimum divisible space is 2,600 square feet, which is also the maximum contiguous space currently available. The existing layout is approximately 50% retail showroom and 50% workspace/storage, offering flexibility for various business needs. A potential drive-thru or pickup window addition is possible along the north side of the building. The property boasts 110 parking spaces and is zoned GC. Its strategic location in East Wichita provides excellent access to a large daytime workforce, private schools, and affluent residential areas. The property's convenient location and adaptable space make it an ideal opportunity for a variety of retail or restaurant businesses. The building's single-story design and ample parking further enhance its appeal. This is a turnkey opportunity for a business seeking immediate occupancy in a high-traffic area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2002
Total area 12,503 SF
Lot 1.73 ac (75,359 SF)
APN 087-115-16-0-32-04-003.00
UPID US33-0653042
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
  • Enterprise Rent-A-Car Car Rental Facility
  • Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
  • Luminous Nails & Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$476k
Blend (final) Blend
$560k
Owner & transaction history
Petra Protect LLC · 4 yrs held
Petra Protect LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $805,000 +37.4%
Office building $745,000 +26.6%
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