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    47th St & Wood Riv Wichita, KS 67216

    For Sale
    $750,000

    Prime Wichita land, 65 lots, development potential.

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    302
    This exceptional 54.02-acre parcel presents a unique investment opportunity in the thriving Wichita, Kansas market. Located in Sedgwick County, near the intersection of 47th St and Wood River in the Oaklawn-Sunview area (zip code 67216), this property boasts a highly desirable location. Currently zoned SF-5 & SF-20, the land includes 65 existing platted residential lots, ready for immediate development or sale. An additional 34 acres offer significant potential for future expansion and development. The property benefits from its strategic proximity to major transportation arteries, including convenient access to I-235 and I-135 ramps, ensuring easy commutes for residents. Furthermore, its location adjacent to Spirit Aerosystems (employing over 10,000) and McConnell Air Force Base (with approximately 4,000 employees) provides access to a substantial workforce and a strong local economy. The property is situated within the highly regarded Derby Public Schools District (USD 260), making it an attractive location for families. Offered at $750,000, this is an exceptional opportunity to acquire a large-scale residential development site in a prime Wichita location. The existing infrastructure and zoning provide a solid foundation for immediate development, while the additional acreage allows for future expansion and growth.

    Property Features for 47th St & Wood Riv

    General Information

    Property type
    Land
    Lot Size
    2,353,111 SF

    HighLights

    • $750,000 asking price.
    • 54.02‑acre residential land parcel.
    • Located in Oaklawn‑Sunview, Kansas, zip code 67216, near the intersection of 47th St & Wood River.
    • Zoned SF‑5 & SF‑20.
    • Includes 65 existing platted lots plus a 34‑acre undeveloped lot.
    • Derby Public Schools (USD 260) district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3039585
    Latitude
    37.6062549

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    FAQs

    What type of property is this?
    Land - Prime Wichita land, 65 lots, development potential.
    Where is this land located?
    The property is located at 47th St & Wood Riv Wichita, KS.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; 54.02-acre residential land parcel.; Located in Oaklawn-Sunview, Kansas, zip code 67216, near the intersection of 47th St & Wood River.
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    Realmo Value Estimation

    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.

    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.

    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
    47th St & Wood Riv Wichita, KS 67216
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