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    8541 21St St Wichita, KS 67205

    Sponsored
    For Sale
    $650,000

    Prime 35,000 SF commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 35,000 square foot commercial land parcel presents a remarkable development opportunity in West Wichita, Kansas. Located at 8541 W 21st St, this property boasts approximately 150 feet of frontage on the heavily trafficked W 21st Street, experiencing over 47,600 vehicles daily. The site is zoned for General Commercial use, providing flexibility for a wide range of development projects. Its strategic location at the intersection of 21st Street and Tyler Road places it in close proximity to established businesses, including Freddy's Frozen Custard, Bricktown Brewery, Old Chicago, and All Star Sports, ensuring high visibility and convenient access for potential customers. The asking price is $650,000, translating to a land value of $19.75 per square foot. This represents a compelling investment opportunity in a thriving commercial corridor. The property's size and location make it ideal for a variety of commercial ventures, offering significant potential for growth and return on investment. The address is 8541 W 21st St, Wichita, KS 67205, within Sedgwick County.

    Property Features for 8541 21St St

    General Information

    Property type
    Land

    HighLights

    • West Side Development Opportunity.
    • 44,250 SF lot.
    • General Commercial zoning.
    • 150 feet of frontage on 21st Street.
    • High‑traffic corner of 21st Street and Tyler Road.
    • Proximity to Freddy's Frozen Custard, Bricktown Brewery, Old Chicago Pizza, and All Star Sports.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elite Barber Co. Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -97.442035375667
    Latitude
    37.722976815361

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    FAQs

    What type of property is this?
    Land - Prime 35,000 SF commercial lot.
    Where is this land located?
    The property is located at 8541 21St St Wichita, KS.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: West Side Development Opportunity.; 44,250 SF lot.; General Commercial zoning.
    Request Owner's contact information
    8541 21St St Wichita, KS 67205
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    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
    8541 21St St Wichita, KS 67205
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