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    4030 Meridian Ave Wichita, KS 67217

    For Sale
    $440,000

    Prime Wichita location, high traffic, 44,000 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 44,000 square foot commercial development site in Wichita, Kansas, presents a remarkable investment opportunity. Located at 4030 S Meridian Ave, this property boasts 150 feet of frontage on Meridian Avenue, a major thoroughfare with a daily traffic count of 19,910 vehicles. Its General Commercial zoning allows for a wide range of development possibilities, making it ideal for retail or restaurant establishments. The site benefits from its strategic location near major highways including I-235, I-135, and I-35, ensuring excellent accessibility and visibility. Furthermore, the property is situated in a thriving area with a high concentration of residential properties, including over 1,100 mobile home lots in close proximity. This ensures a substantial potential customer base. The property's immediate neighbors include established businesses such as Family Dollar and QuikTrip, along with community amenities like the South Lakes Softball Complex, Campus High School, a YMCA, and the Farha Sports Complex, further enhancing its desirability and potential for success. The asking price for this exceptional development land is $440,000. This is a rare opportunity to acquire a prime commercial property in a high-traffic area with significant growth potential. Don't miss out on this chance to build your next successful venture. The property is located in Sedgwick County, Kansas, with a zip code of 67217.

    Property Features for 4030 Meridian Ave

    General Information

    Property type
    Land

    HighLights

    • 44,000 SF commercial development site in Wichita, KS.
    • 150' of frontage on Meridian Ave (19,910 VPD).
    • General Commercial zoning, ideal for retail or restaurants.
    • Excellent accessibility near I‑235, I‑135, and I‑35.
    • High concentration of residential properties nearby, including over 1,100 mobile home lots.
    • Asking price: $440,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.370016
    Latitude
    37.621395

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    FAQs

    What type of property is this?
    Land - Prime Wichita location, high traffic, 44,000 sq ft
    Where is this land located?
    The property is located at 4030 Meridian Ave Wichita, KS.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: 44,000 SF commercial development site in Wichita, KS.; 150' of frontage on Meridian Ave (19,910 VPD).; General Commercial zoning, ideal for retail or restaurants.
    (316) 262-2442
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    4030 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
    4030 Meridian Ave Wichita, KS 67217
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