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    51st And Meridian Wichita, KS 67204

    For Sale
    Contact for pricing

    Prime NW Wichita land, build-to-suit option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Located at the highly desirable intersection of 51st and Meridian in Sedgwick County, zip code 67204, this property boasts a convenient location with quick access to major thoroughfares like K-96 and I-235, ensuring excellent connectivity and accessibility. Currently zoned for single-family residential use, re-zoning is planned, opening up a wide range of development possibilities for commercial ventures. All utilities are readily available on-site, simplifying the development process and minimizing upfront costs. The property sits within a high-quality neighborhood characterized by strong demographics, making it an attractive location for a variety of commercial uses. The seller is open to both outright sale of the entire 12 acres or exploring build-to-suit options, offering flexibility to potential buyers. This is a rare opportunity to acquire a substantial land parcel in a prime Wichita location with significant growth potential. The property's strategic location and planned re-zoning make it an ideal investment for developers seeking to capitalize on the area's strong market dynamics. Don't miss this chance to secure a piece of Wichita's thriving commercial landscape.

    Property Features for 51st And Meridian

    General Information

    Property type
    Land
    Lot Size
    522,720 SF

    HighLights

    • Prime location with easy access to K‑96 & I‑235.
    • All utilities are readily available on‑site.
    • Situated in a desirable, high‑quality neighborhood.
    • Land available for sale (2‑12 acres) or build‑to‑suit options.
    • Excellent demographics supporting strong tenant demand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.371915272622
    Latitude
    37.777174861492

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    FAQs

    What type of property is this?
    Land - Prime NW Wichita land, build-to-suit option.
    Where is this land located?
    The property is located at 51st And Meridian Wichita, KS.
    What are key features of this property?
    This property features: Prime location with easy access to K-96 & I-235.; All utilities are readily available on-site.; Situated in a desirable, high-quality neighborhood.
    (316) 618-1100
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    51st And Meridian Wichita, KS 67204
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    Wichita, KS 67204
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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
    51st And Meridian Wichita, KS 67204
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