525 WatermanWichita, KS 67202

  • Retail properties
  • 1,944 SF
Off market
$33,221 Estimated

Property Details for 525 Waterman

Year built
1940
Construction
FRAME
Lot size
0.32 AC
Property size (Sq ft)
1,944 SF
Property type
Retail properties
Property subtype
Parking lots & garages
APN
087-125-21-0-33-02-001.00
APU
87125210330200100

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $440,436
    6.5%
    $406,556
    7%
    $377,516
  • Comparable approach

    Method
    Valuation
    Method 1
    $589,433
    Method 2
    $589,433
  • Alternative Use

    Use
    Valuation
    Residential
    $342,945
    Hospitality
    $314,136
    Educational
    $261,358
    Medical
    $270,346
    Retail
    $406,556
525 Waterman, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6822
Longitude
-97.332
CBSA code
48620
CBSA name
WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $9,930
  • Assessed land value
    $17,525
  • Assessed value
    $27,455
  • Tax year
    2023
  • Tax bill
    $3,338

FAQs

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