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    Nec Greenwich Rd & K-254 Wichita, KS 67226

    For Sale
    Contact for pricing

    Prime commercial land, excellent access, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 131-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Located at the Northeast corner of Greenwich Road and K-254, this property boasts unparalleled visibility and convenient access to major highways including K-254, I-135, and I-235. The permitted zoning is Rural Residential, offering flexibility for a variety of development projects. Imagine the possibilities – residential, industrial, or retail developments could all thrive in this strategic location. The area is already home to a diverse range of businesses and institutions, including Wichita Hoops, Epic Sports, Wichita Northeast High School, Cillessen & Sons, Inc., Meter Engineer, FedEx, Empire Wall Systems, and Nordic Stone, creating a vibrant and established community. The 2022 property taxes were $683.31. The land is priced at $22,500 per acre, representing a compelling value for this significant acreage in a high-growth area. The USD 375 Circle School District serves the area. This property offers exceptional potential for developers seeking a large-scale project with excellent visibility and convenient access to major transportation arteries. Don't miss this chance to acquire a substantial piece of Wichita's future.

    Property Features for 0 Nec Greenwich Rd & K-254

    General Information

    Property type
    Land
    Lot Size
    5,706,360 SF

    HighLights

    • 131‑acre commercial land parcel in Wichita, KS, at the NE corner of Greenwich Rd and K‑254.
    • High visibility and convenient access to K‑254, I‑135, and I‑235.
    • Rural Residential zoning allows for diverse development options (residential, industrial, or retail).
    • $22,500 per acre; 2022 property taxes: $683.31.
    • Located in the USD 375 Circle School District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.208311
    Latitude
    37.7955871

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    FAQs

    What type of property is this?
    Land - Prime commercial land, excellent access, high visibility.
    Where is this land located?
    The property is located at Nec Greenwich Rd & K-254 Wichita, KS.
    What are key features of this property?
    This property features: 131-acre commercial land parcel in Wichita, KS, at the NE corner of Greenwich Rd and K-254.; High visibility and convenient access to K-254, I-135, and I-235.; Rural Residential zoning allows for diverse development options (residential, industrial, or retail).
    (316) 262-2442
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    Nec Greenwich Rd & K-254 Wichita, KS 67226
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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
    Nec Greenwich Rd & K-254 Wichita, KS 67226
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