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    1137 E 55Th St S, Unit 1 Wichita, KS 67216

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    For Sale
    $950,000

    Mobile home community with upside potential in Wichita, Kansas.

    Property size:
    3,360 SF

    Property Features for 1137 E 55Th St S

    General Information

    Size
    3,360 SF

    Building Details

    Year built
    1993

    Source: Kris Wessel Agent Kris Wessel

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

    Overview

    31-Space Mobile Home Community

    This 31-space mobile home community features all public utilities. Located less than two miles from the 47th & Broadway intersection, the property is in close proximity to city amenities, including approximately 20 restaurants, several hotels, and a Dillons grocery store. The property offers an attractive country setting. The community is located within the Wichita metro area, which has an approximate population of 680,000. The property has upside potential through infill of vacant homes and vacant sites. The property's occupancy is 54.8%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.322491
    Latitude
    37.593026

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    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home community with upside potential in Wichita, Kansas.
    Where is this mobile home & rv park located?
    The property is located at 1137 E 55Th St S, Unit 1 Wichita, KS.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Upside potential through **infill of vacant homes and sites (54.8% occupancy)**.; - All public utilities.; - Located less than 2 miles from major intersection (47th & Broadway) with restaurants, hotels, and grocery store.
    (316) 841-6955
    Request Owner's contact information
    1137 E 55Th St S, Unit 1 Wichita, KS 67216
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    Wichita, KS 67216
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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
    1137 E 55Th St S, Unit 1 Wichita, KS 67216
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