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    21 21St St Wichita, KS 67235

    Sponsored
    For Sale
    $500,000

    2.21 Acres, Neighborhood Office Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.21-acre commercial land parcel, located in rapidly expanding West Wichita at the intersection of 21st and 135th, presents a unique investment opportunity. Priced at $500,000 ($5.21 per square foot), this property boasts 221 feet of frontage and is zoned for Neighborhood Office use. The site offers approximately 96,091 square feet of developable land, situated in a high-traffic area with a daily traffic count of 24,302 vehicles. Its proximity to the Northwest YMCA contributes to significant pedestrian and vehicular traffic. The advantageous location is less than two miles from the amenities and shopping at New Market Square, ensuring high visibility and accessibility. 2014 property taxes were $13.45. This prime location in Sedgwick County, Kansas (zip code 67235), offers significant potential for development and strong return on investment. The property's strategic positioning and zoning make it ideal for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Wichita neighborhood.

    Property Features for 21 21St St

    General Information

    Property type
    Land
    Lot Size
    96,268 SF

    HighLights

    • East of 135th on 21st Street.
    • 96,091+/- SF (2.21 acres) available.
    • $500,000 sale price ($5.21 PSF).
    • Neighborhood Office zoning.
    • 24,302 VPD traffic count.
    • High traffic volume generated by nearby Northwest YMCA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.4990248
    Latitude
    37.7221155

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    FAQs

    What type of property is this?
    Land - 2.21 Acres, Neighborhood Office Zoning, High Traffic
    Where is this land located?
    The property is located at 21 21St St Wichita, KS.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: East of 135th on 21st Street.; 96,091+/- SF (2.21 acres) available.; $500,000 sale price ($5.21 PSF).
    (316) 371-8087
    Request Owner's contact information
    21 21St St Wichita, KS 67235
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    Wichita, KS 67235
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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
    21 21St St Wichita, KS 67235
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