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    Meridian Ave Wichita, KS 67217

    For Sale
    Contact for pricing

    Prime Industrial Land, Southwest Wichita

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional opportunity presents 74 developable acres across four contiguous lots in Wichita's CrossGate District, a shovel-ready industrial park. The property, situated in Sedgwick County, Kansas, is conveniently located within a 10-minute drive of both downtown Wichita and Eisenhower Airport. Zoned for light industrial use, this Kansas Certified Site offers flexibility for various projects. Lot sizes range from 15.9 to 27.7 acres, with pricing from $2.90 to $3.80 per square foot. The owner is willing to sell smaller tracts, adjoining tracts, or the entire parcel. A 21,000 square foot spec building is planned for completion in the third quarter of 2024. The site's strategic location and build-to-suit options (up to 250,000 square feet) make it ideal for businesses seeking a prime location in a thriving industrial area. This is a rare chance to acquire land in a well-established, rapidly developing industrial park with excellent access to major transportation routes and amenities. The property is offered for sale by owner. The zip code is 67217, and the address is S Meridian Ave.

    Property Features for 0 Meridian Ave

    General Information

    Property type
    Land
    Lot Size
    692,604 SF

    HighLights

    • 74 developable acres across four contiguous lots in Wichita's CrossGate District, a shovel‑ready industrial park.
    • Lots range from 15.9 to 27.7 acres.
    • Pricing ranges from $2.90 to $3.80 per square foot.
    • 10‑minute drive to downtown Wichita and Eisenhower Airport.
    • Owner will sell smaller tracts, adjoining tracts, or the entire parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.379217881971
    Latitude
    37.622352583512

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Southwest Wichita
    Where is this land located?
    The property is located at Meridian Ave Wichita, KS.
    What are key features of this property?
    This property features: 74 developable acres across four contiguous lots in Wichita's CrossGate District, a shovel-ready industrial park.; Lots range from 15.9 to 27.7 acres.; Pricing ranges from $2.90 to $3.80 per square foot.
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    Meridian Ave 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
    Meridian Ave Wichita, KS 67217
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