832 Webb Rd Wichita, KS 67206-1851
- Strip malls
- 12,503 SF
- 1.73 lot acres
Current Use by Public Records
- Enterprise Rent-A-Car / Car Rental Agency / Van Rental Agency
- Sherwin-Williams Paint Store / Paint Store / Home Improvement Store
- Luminous Nails & Spa / Nail Salon
Property Details for 832 Webb Rd
- Year built
- 2002
- Lot size
- 1.73 lot acres
- Property size
- 12,503 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 087-115-16-0-32-04-003.00
- APU
- 87115160320400300
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $640,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $960,000
- 6.5%
- $850,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $915,000
- Geo Method
- $815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $980,000
- Retail
- $815,000
- Mixed-Use
- $910,000
- Hospitality
- $940,000
- Educational
- $995,000
- Residential Income
- $1,015,000
- Energy
- $950,000
- Income-Based Land
- $1,060,000
- Food Service
- $1,055,000
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.2255
- Latitude
- 37.6986
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
