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    53 53Rd St Kechi, KS 67220

    For Sale
    Contact for pricing

    139 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 139.51-acre land tract presents a unique development opportunity in Wichita, Kansas. Located at the southwest corner of 53rd and Oliver, this property boasts a highly desirable infill location with convenient access to major highways (four in total), making commuting a breeze. The site is zoned for residential and limited commercial use, offering flexibility for a variety of projects. Utilities are either available on-site or readily accessible nearby. The area is well-established, with nearby restaurants and shopping providing ample amenities. Furthermore, Wichita State University is only three miles south, adding to the property's appeal. The location also benefits from proximity to a variety of K-12 public and private schools. The land itself features mature trees and favorable terrain, making development relatively straightforward. The property is situated within the city limits of Wichita, yet is surrounded by three other cities, offering a strategic location within a thriving regional economy. This is an exceptional opportunity to acquire a substantial land parcel in a prime location with excellent access to amenities, transportation, and educational institutions. This property is ideal for developers seeking a large-scale project in a well-connected and desirable area.

    Property Features for 53 53Rd St

    General Information

    Property type
    Land
    Lot Size
    6,077,056 SF

    HighLights

    • 139.51‑acre land parcel in Wichita, KS, zoned for residential and limited commercial use.
    • Utilities are available or readily accessible.
    • Excellent location near Wichita State University, restaurants, shopping, and major highways.
    • The property offers easy access to employment centers.
    • Features mature trees and favorable terrain for development.
    • Situated near a variety of K‑12 public and private schools.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Auto Repair Shop Kitchen & Bath Daycare Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Kechi
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.280773
    Latitude
    37.781321

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    FAQs

    What type of property is this?
    Land - 139 Acres, Prime Development Site
    Where is this land located?
    The property is located at 53 53Rd St Kechi, KS.
    What are key features of this property?
    This property features: 139.51-acre land parcel in Wichita, KS, zoned for residential and limited commercial use.; Utilities are available or readily accessible.; Excellent location near Wichita State University, restaurants, shopping, and major highways.
    (316) 262-6400
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    53 53Rd St Kechi, KS 67220
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    Kechi, KS 67220
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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
    53 53Rd St Kechi, KS 67220
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