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    159Th St Wichita, KS 67230

    Sponsored
    For Sale
    Contact for pricing

    Prime Wichita commercial land, ideal for office development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2.05-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Strategically located at the Northwest corner of Central Avenue and 159th Street East, this property boasts excellent visibility and accessibility. The site comprises approximately 247 feet of frontage along 159th Street East and approximately 360 feet along Central Avenue, offering ample space for development. The property is zoned NO - Neighborhood Office, making it suitable for a variety of commercial office uses. With its substantial size and prime location, this land offers significant potential for developers seeking to establish a presence in a thriving Wichita market. The annual property taxes are $3,418.19. The land is priced at $20 per square foot. This is a rare opportunity to acquire a large, well-situated commercial lot in a desirable area of Wichita. The property consists of four parcels, providing flexibility for development plans. Don't miss this chance to secure a piece of Wichita's vibrant commercial landscape.

    Property Features for 0 159Th St

    General Information

    Property type
    Land
    Lot Size
    89,298 SF

    HighLights

    • 2.05‑acre commercial land parcel in Wichita, Kansas.
    • Located at the Northwest corner of Central Ave and 159th St E.
    • NO (Neighborhood Office) zoning.
    • Land priced at $20 per square foot.
    • Approximately 247 feet of frontage on 159th St E and approximately 360 feet of frontage on Central Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.1530357
    Latitude
    37.6925522

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    FAQs

    What type of property is this?
    Land - Prime Wichita commercial land, ideal for office development.
    Where is this land located?
    The property is located at 159Th St Wichita, KS.
    What are key features of this property?
    This property features: 2.05-acre commercial land parcel in Wichita, Kansas.; Located at the Northwest corner of Central Ave and 159th St E.; NO (Neighborhood Office) zoning.
    (316) 371-8087
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    159Th St Wichita, KS 67230
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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
    159Th St Wichita, KS 67230
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