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    21St St Wichita, KS 67205

    Sponsored
    For Sale
    $666,028

    Prime 1.39-acre commercial lot in Wichita, KS.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.39-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Located at the northeast corner of 21st and 119th streets, this property is strategically positioned just one mile west of the bustling Maize Road corridor, a thriving area anchored by numerous national retail and restaurant chains. The site boasts a highly desirable location within a densely populated residential area, ensuring a strong customer base for any commercial development. The property is zoned for limited commercial use, offering flexibility for a variety of development projects. Consider the potential for a build-to-suit development or a ground lease arrangement. The asking price is $666,028, translating to $11 per square foot. Proximity to major retailers such as Walmart, Dillons, Best Buy, Marshall's, Old Navy, Ulta, Chick-fil-A, Lowe's, HomeGoods, and Sam's Club provides significant advantages. Furthermore, the property benefits from its proximity to several school districts including Maize USD 266, Goddard USD 265, Renwick USD 267, and Wichita USD 259. This prime location and its potential for high returns make this a compelling investment opportunity. The property's address is NEC 21st & 119th, Wichita, KS 67205.

    Property Features for 0 21St St

    General Information

    Property type
    Land
    Lot Size
    60,548 SF

    HighLights

    • $666,028 asking price for 1.39 acres of commercial land.
    • Limited Commercial zoning.
    • $11/SF land value.
    • Located at the Northeast corner of 21st and 119th in Wichita, KS, 67205.
    • One mile west of the Maize Road retail corridor.
    • Build‑to‑suit or ground lease options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.4288617
    Latitude
    37.723102

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    FAQs

    What type of property is this?
    Land - Prime 1.39-acre commercial lot in Wichita, KS.
    Where is this land located?
    The property is located at 21St St Wichita, KS.
    What is the asking price?
    The asking price for this property is $666,028.
    What are key features of this property?
    This property features: $666,028 asking price for 1.39 acres of commercial land.; Limited Commercial zoning.; $11/SF land value.
    (316) 262-2442
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    21St St Wichita, KS 67205
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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 St Wichita, KS 67205
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