Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Land Near I-135 Title is generated by Realmo AI

    NE Corner of 101st & I 135, Park City, KS

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Corner land parcel near I-135 interchange, north of Wichita.

    Type:LAND
    Lot size:
    55.00 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    178
    Last Refresh:
    Apr 5 at 8:34 pm

    Property Features for NE Corner of 101st & I 135

    General Information

    Standard status
    Active
    Lot size
    55.00 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Ben Suellentrop
    Ben Suellentrop

    Listing agent Ben Suellentrop License #00245291

    Listing office Reece Nichols South Central Kansas

    Listing date Nov 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Reece Nichols South Central Kansas

    HighLights

    • Located on the NEC of 101st and I‑135, just north of Wichita, providing excellent regional accessibility.
    • Great highway interchange with easy truck ingress/egress, facilitating efficient transportation.
    • Development incentives available, reducing initial investment costs.
    • Prominent corner site on diamond interchange, offering high visibility.
    • Owner has built nearly 3 million SF of warehousing, demonstrating experience and capability.
    • Ideal for warehousing development.

    Overview

    Located at the northeast corner of 101st Street and I-135, just north of Wichita, this land parcel offers a prominent corner site on a diamond interchange. The location provides convenient highway access with easy truck ingress and egress. The owner has experience building nearly 3 million square feet of warehousing. Development incentives are available for this property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Park City
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3184
    Latitude
    37.8

    Nearby Similar for Sale

    • $375,000
      2,430 SF

      New Duplex in Briarbrook

      New 2025 duplex in Park City's Briarbrook neighborhood.
      613 E Briarbrook Ln, Park City, KS 67147-1127
      View Details
    • $375,000
      2,430 SF

      New Duplex in Briarbrook

      New duplex in Park City's Briarbrook neighborhood for sale.
      619 E Briarbrook Ln, Park City, KS 67147-1127
      View Details
    • $2,400,000
      41 SF

      Prime Industrial/Commercial Land Available

      41-acre parcel in Wichita's industrial corridor with development potential.
      5611 N Hydraulic Ave, Park City, KS 67219
      View Details
    • $2,400,000
      41 SF

      Prime Wichita Development Opportunity

      41 acres of industrial/commercial land with redevelopment potential.
      5611 N Hydraulic Ave, Park City, KS 67219
      View Details
    • $6,353,661

      Divisible Land Near I-135

      Commercial land available near I-135, suitable for various uses.
      1250 E 85th St N, Park City, KS 67147
      View Details
    • $100,000

      Commercial Land in Growing Community

      Commercial land in Park City near mixed-use development.
      0-0 East 61st St N, Park City, KS
      View Details
    • $28,000

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      Maplewood Ct, Park City, KS 67147
      View Details
    • $28,000

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      Maplewood Ct, Park City, KS 67147
      View Details
    • $28,000

      Residential Land in Park City

      Land for sale in Park City, Kansas.
      Maplewood Ct, Park City, KS 67147
      View Details
    • Contact for pricing

      Park City Development Opportunity

      14.84 acres in high-traffic area near casinos.
      1200 E 77th St N, Park City, KS
      View Details
    • $26,000

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      BLOCK D lot: 46, Park City, KS 67147
      View Details
    • $25,000

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      BLOCK D lot: 23, Park City, KS 67147
      View Details

    FAQs

    What type of property is this?
    Land - Corner land parcel near I-135 interchange, north of Wichita.
    Where is this land located?
    The property is located at NE Corner of 101st & I 135 Park City, KS.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Located on the NEC of 101st and I‑135, just north of Wichita, providing excellent regional accessibility.; Great highway interchange with easy truck ingress/egress, facilitating efficient transportation.; Development incentives available, reducing initial investment costs.
    (316) 765-5145 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ben Suellentrop
    Ben Suellentrop
    Real Estate License ID: 00245291
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    NE Corner of 101st & I 135, Park City, KS
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!