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Commercial Land with Car Lot
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10320 W 53rd, Maize, KS 67101

Two connected parcels include an operating car lot and utilities serving the site.

Property Size4,582 SF
Price / SF$327.37
Days on Market472

Property Features for 10320 W 53rd

General Information

Standard status Active
Size 4,582 SF
Property subtype RETAIL
Listing Agency: Landmark Commercial Real Estate
Listed By: Andrea Ray · License #00248575
Source: Moodyscre
Added: Jul 23, 2025 Changed: Oct 26 Last Checked: Nov 4 at 2:42PM

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 Landmark Commercial Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This commercial land offering consists of two parcels totaling 2.36 acres, including separate tracts of 0.93 acres and 1.43 acres. The site currently operates as a car lot and includes utilities. A former bank building constructed in 1979 is associated with the property, while the current operating use is automotive. Conditional use permitted - LC is identified for the site.

The property occupies the northeast corner of 53rd Street and Maize Road in Maize, Kansas. Reported daily traffic volumes are 5,969 vehicles on 53rd Street, 7,340 vehicles on Maize Road, and 12,800 vehicles on K-96. The corner position, existing automotive operation, and utility access provide concrete physical and operational context for evaluating the land.

Key Highlights

  • 2.36 acres total across two parcels: 0.93 acres and 1.43 acres
  • Northeast corner of 53rd Street and Maize Road
  • Traffic counts: 53rd St - 5,969 VPD; Maize Rd - 7,340 VPD; K‑96 - 12,800 VPD

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,589
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,780 $991.8K
Cap Rate 7%
$708,414 $708.4K
Cap Rate 9%
$550,989 $551.0K
Market Conditions
NOI Build-Up for 4,582 SF
Gross rent
$71.5K $15.60/SF
− Vacancy
−$5.4K −$1.17/SF
EGI
$66.1K $14.43/SF
− OpEx
−$16.5K −$3.61/SF
NOI
$49.6K $10.82/SF
Area
Sedgwick County, KS
Vacancy
7.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,780
Cap Rate 7%
$708,414
Cap Rate 9%
$550,989

Alternative Uses

Best Use
Specialty Retail
$708.4K
$619.9K – $826.5K (±1% cap)
NOI $49,589 @ 7.0% cap · market cap 3.31%
Second Best
Retail
$702.0K
$614.2K – $819.0K (±1% cap)
NOI $49,139 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$955.0K
$835.6K – $1.11M (±1% cap)
NOI $66,851 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

GraceAuto LLC Car Dealership ATM Atm Worth It Supply ... Gun Shop

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Pharmacy Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Home Improvements & Furnishings 34%
Dollar General Shops & Services
6,858 visits/mo 0.3 miles
Pride Ag Resources Ace Hardware Home Improvements & Furnishings
3,455 visits/mo 0.5 miles

Demographics for 67101, KS

6,015
Population
2,793
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
99%
High-School Grad
15.2 sq mi
ZIP Area
396
Density / Sq Mi
$68,444
Median Household Income
$53,828
Median Earnings
$1,343
Median Rent
$280,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Two connected parcels include an operating car lot and utilities serving the site.
Where is this commercial land located?
The property is located at 10320 W 53rd Maize, KS.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2.36 acres total across two parcels: 0.93 acres and 1.43 acres; Northeast corner of 53rd Street and Maize Road; Traffic counts: 53rd St - 5,969 VPD; Maize Rd - 7,340 VPD; K‑96 - 12,800 VPD
(316) 680-7073 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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