2525 SheridanWichita, KS 67217

  • Office properties
  • 42,250 SF
Off market
$560,336 Estimated

Property Details for 2525 Sheridan

Year built
1986
Construction
STEEL FRAME
Lot size
3.53 AC
Property size (Sq ft)
42,250 SF
Property type
Office properties
Property subtype
Other office properties
APN
087-201-01-0-21-01-009.00
APU
87201010210100900

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,511,722
    6.5%
    $6,010,820
    7%
    $5,581,476
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,083,520
    Geo Method
    $5,083,520
  • Alternative Use

    Use
    Valuation
    Residential
    $7,453,416
    Hospitality
    $6,827,290
    Educational
    $5,680,224
    Medical
    $5,875,576
    Retail
    $8,835,905
2525 Sheridan, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.649
Longitude
-97.3809
CBSA code
48620
CBSA name
WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $424,588
  • Assessed land value
    $38,500
  • Assessed value
    $463,088
  • Tax year
    2023
  • Tax bill
    $48,041

FAQs

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