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    5515 South Seneca St Wichita, KS 67217

    For Sale
    $388,555

    Development-ready 2.33± acre commercial land in a growing corridor.

    Lot size:
    2.24 Acres

    Property Features for 5515 South Seneca St

    General Information

    Lot size
    2.24 Acres

    Source: Reece Nichols South Central Kansas Agent Jake Steven

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

    Overview

    Commercial Land in South Wichita

    This is a 2.33± acre commercial land parcel available for sale in the South Wichita corridor. Zoned for commercial use, the property is located on a high-traffic corner with paved frontage and flat terrain. The site benefits from strong daily visibility due to commuter and school-related traffic. It is located minutes from I-235 and K-42 and less than a mile from Campus High School and South Lakes Park. The property has no special taxes or specials. The area is experiencing steady residential growth and increasing commercial demand, making it suitable for a convenience store or gas station, quick service restaurant or drive-thru, office or medical building, or a strip retail center. The property is positioned in a corridor of revitalization and investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Auto Parts Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3530439
    Latitude
    37.5941345

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    FAQs

    What type of property is this?
    Commercial land - Development-ready 2.33± acre commercial land in a growing corridor.
    Where is this commercial land located?
    The property is located at 5515 South Seneca St Wichita, KS.
    What is the asking price?
    The asking price for this property is $388,555.
    What are key features of this property?
    This property features: - High-visibility corner location in a rapidly growing South Wichita corridor.; - Development-ready 2.33± acre parcel zoned for commercial use.; - Easy access with paved frontage and flat terrain, minimizing site preparation costs.
    (316) 708-5960
    Request Owner's contact information
    5515 South Seneca St Wichita, KS 67217
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    Wichita, KS 67217
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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
    5515 South Seneca St Wichita, KS 67217
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