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    21st And Webb Rd Wichita, KS 67206

    Sponsored
    For Sale
    $611,292

    Prime 1.17-acre lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 50,941 square foot commercial land parcel presents a unique investment opportunity in Northeast Wichita, Kansas. Strategically located at the intersection of 21st and Webb Road, this property boasts a highly desirable location with exceptional visibility and accessibility. Zoned for limited commercial use, the site is ideally suited for a variety of businesses, capitalizing on the area's robust economic activity and high traffic volume. With 33,310 vehicles passing daily, this location ensures significant exposure for any development. The surrounding area is home to a diverse mix of established businesses, including Assured Partners, Andy's Frozen Custard, Cypress Heart, Commerce Bank, Extra Space Storage, Simply Mac, and Blue Hook Cajun Seafood & Bar, creating a thriving commercial environment. The average household income within a one-mile radius is a substantial $170,346, indicating a strong consumer base with significant purchasing power. Adding to its appeal, the property is conveniently located less than a mile from Highway K-96, providing easy access to major transportation routes. Offered at $611,292 ($15.00 per square foot), this property represents a compelling investment opportunity in a rapidly growing area of Wichita. The 1.17-acre lot provides ample space for development, allowing for significant flexibility in design and functionality. Don't miss this chance to secure a prime location in a thriving commercial corridor.

    Property Features for 21st And Webb Rd

    General Information

    Property type
    Land

    HighLights

    • 50,941 SF commercial land parcel in Northeast Wichita, KS.
    • Highly visible, accessible location at 21st & Webb Road with 33,310 VPD.
    • Zoned for limited commercial use; ideal for various businesses.
    • Strong demographics: Average household income within 1 mile is $170,346.
    • Less than 1 mile from Highway K‑96; priced at $611,292 ($15/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.224276
    Latitude
    37.724896

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    FAQs

    What type of property is this?
    Land - Prime 1.17-acre lot, high traffic area.
    Where is this land located?
    The property is located at 21st And Webb Rd Wichita, KS.
    What is the asking price?
    The asking price for this property is $611,292.
    What are key features of this property?
    This property features: 50,941 SF commercial land parcel in Northeast Wichita, KS.; Highly visible, accessible location at 21st & Webb Road with 33,310 VPD.; Zoned for limited commercial use; ideal for various businesses.
    (316) 371-8087
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    21st And Webb Rd Wichita, KS 67206
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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
    21st And Webb Rd Wichita, KS 67206
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