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    Central & Rdg Wichita, KS 67212

    Sponsored
    For Sale
    Contact for pricing

    Prime Wichita location, high visibility, multifamily zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.37-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Strategically located east of Ridge Road on West Central, this property boasts unparalleled visibility and accessibility due to its high-traffic location. The site is zoned for General Commercial (GC) and Multifamily uses, offering considerable flexibility for development. With over 2,000 apartment units in close proximity, the area demonstrates strong residential density, creating a robust potential customer base for commercial ventures. The property's convenient location, less than one mile from Highway I-235, ensures easy access for commuters and customers. The surrounding area is anchored by established businesses and community amenities, including the YMCA, West Acres Bowling, Eric Fisher Academy, Central Bank and Trust, State Farm, Farmer's Insurance, and a Village Inn, among many others. This prime location offers significant potential for a variety of commercial developments, capitalizing on the existing infrastructure and high-traffic volume. The 67212 zip code further underscores the desirability and established nature of this area. This is a rare opportunity to acquire a substantial land parcel in a thriving Wichita neighborhood. The property's size and zoning make it ideal for a wide range of commercial projects, from retail and restaurants to multifamily housing developments. Serious inquiries are encouraged.

    Property Features for 0 Central & Rdg

    General Information

    Property type
    Land
    Lot Size
    495,277 SF

    HighLights

    • 11.37‑acre commercial land parcel in Wichita, Kansas.
    • Zoned for general commercial and multifamily development.
    • Excellent location with high visibility and traffic counts near Ridge Road and Central.
    • Proximity to over 2,000 apartment units and less than one mile from I‑235.
    • Strong surrounding businesses including YMCA, West Acres Bowling, and various national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.424895
    Latitude
    37.694521

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    FAQs

    What type of property is this?
    Land - Prime Wichita location, high visibility, multifamily zoning.
    Where is this land located?
    The property is located at Central & Rdg Wichita, KS.
    What are key features of this property?
    This property features: 11.37-acre commercial land parcel in Wichita, Kansas.; Zoned for general commercial and multifamily development.; Excellent location with high visibility and traffic counts near Ridge Road and Central.
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    Central & Rdg Wichita, KS 67212
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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
    Central & Rdg Wichita, KS 67212
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