Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4833 Lulu Ave Wichita, KS 67216

    For Sale
    $250,000

    Prime location, shovel-ready, all utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.21-acre commercial and industrial land parcel presents a remarkable investment opportunity in Wichita, Kansas. Located at 4833 S Lulu Ave, 67216, this strategically positioned property boasts convenient access to major transportation arteries, including I-35, I-135, and I-235, placing your business at the gateway to Wichita. The site is zoned for limited industrial use and is completely shovel-ready, featuring existing utilities, paved streets, and curbed infrastructure. Priced competitively at $250,000 ($2.91 per square foot), this land offers significant potential for immediate development. The area is vibrant and well-established, with notable neighbors including Boot Barn's Catalog Warehouse, Super 8 Holiday Inn Express, Applebee's, Cybertron, Price Truck Line, Yellow Freight Systems, Southwestern Bell, IHOP, Mid-America Auto Auction, Kroger, McDonald's, and Braums, among many others. This property represents a rare chance to acquire a prime piece of land in a high-traffic, high-visibility location, ideal for a variety of industrial or commercial ventures. Don't miss this opportunity to establish your business in a thriving Wichita market. The property is situated in Sedgwick County and offers excellent visibility and accessibility. All utilities are readily available, making this a truly turnkey solution for your next project.

    Property Features for 4833 Lulu Ave

    General Information

    Property type
    Land
    Lot Size
    96,268 SF

    HighLights

    • Excellent I‑35, I‑135, & I‑235 access at S. 47th & Lulu St., Wichita.
    • 1.97‑acre lot.
    • $250,000 sale price ($2.91/SF).
    • Limited Industrial zoning.
    • Shovel‑ready vacant industrial land with utilities, paved streets, and curbs.
    • Strong surrounding businesses including major retailers and logistics companies.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3205139
    Latitude
    37.6074702

    Nearby Similar for Sale

    • New
      Contact for pricing
      6,202 SF

      Wichita Quadplex Investment Opportunity

      South Wichita quadplexes with income potential, offered at auction.
      1216 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      3,236 SF

      Riverside Quadplex Investment Opportunity

      Quadplex in desirable Riverside area with strong rental potential.
      906 N Spaulding Ave, Wichita, KS 67203
      View Details
    • $896,500
      Pending

      Downtown Wichita Multi-Tenant Office Building

      Large office building in downtown Wichita with multi-tenant potential.
      310 E 2Nd St, Wichita, KS 67202
      View Details
    • New
      Contact for pricing
      6,202 SF

      Wichita Quadplex Investment Opportunity

      Four-unit property in Wichita with income potential.
      1206 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      6,202 SF

      Wichita Quadplex with Income Potential

      South Wichita quadplex featuring 3-bedroom units and off-street parking.
      1302 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      6,202 SF

      Wichita Quadplexes Offered at Auction

      South Wichita quadplexes with income potential, offered at auction.
      1224 E Selma St, Wichita, KS 67216
      View Details

    FAQs

    What type of property is this?
    Land - Prime location, shovel-ready, all utilities.
    Where is this land located?
    The property is located at 4833 Lulu Ave Wichita, KS.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Excellent I-35, I-135, & I-235 access at S. 47th & Lulu St., Wichita.; 1.97-acre lot.; $250,000 sale price ($2.91/SF).
    Request Owner's contact information
    4833 Lulu Ave Wichita, KS 67216
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4833 Lulu Ave
    Wichita, KS 67216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4833 Lulu Ave Wichita, KS 67216
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.