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    2846 Woodlawn Blvd Wichita, KS 67226

    Sponsored
    For Sale
    $2,800,000

    Prime Wichita development land, ideal for mixed-use projects.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 18.4-acre commercial land parcel presents a remarkable investment opportunity in Wichita, Kansas. Strategically located at the southwest corner of 29th and Woodlawn Boulevard, this hard corner site boasts significant visibility and accessibility. Zoned for Limited Commercial and SF-5, the property offers flexibility for a variety of development options, including multifamily, duplex, assisted living, medical, or mixed retail uses. Utilities are already in place, simplifying the development process. Protective restricted covenants allow for multiple uses, ensuring long-term value and community compatibility. The property benefits from easy highway access, being just one mile from K-96 Highway and 2.5 miles from Wichita State University. Its proximity to numerous retailers, restaurants, schools, and medical facilities further enhances its appeal. The low general tax rate of $176 contributes to the property's attractive financial profile. The entire parcel can be purchased, or it can be subdivided to accommodate smaller-scale projects. This is a rare opportunity to acquire a large, well-located tract of land in a thriving Wichita neighborhood. The address is 2846 N Woodlawn Blvd, Wichita, KS 67226.

    Property Features for 2846 Woodlawn Blvd

    General Information

    Property type
    Land
    Lot Size
    801,504 SF

    HighLights

    • $2,800,000 asking price.
    • 18.4‑acre commercial land parcel.
    • Limited Commercial & SF‑5 zoning.
    • Located at the southwest corner of 29th & Woodlawn in Wichita, KS.
    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
    -97.26239392299
    Latitude
    37.737302029921

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    FAQs

    What type of property is this?
    Land - Prime Wichita development land, ideal for mixed-use projects.
    Where is this land located?
    The property is located at 2846 Woodlawn Blvd Wichita, KS.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: $2,800,000 asking price.; 18.4-acre commercial land parcel.; Limited Commercial & SF-5 zoning.
    (316) 613-2447
    Request Owner's contact information
    2846 Woodlawn Blvd 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
    2846 Woodlawn Blvd Wichita, KS 67226
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