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    127Th St Wichita, KS 67206

    For Sale
    $313,632

    0.9-acre lot, prime commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.9-acre commercial land parcel, located at the intersection of Central and 127th in Wichita, Kansas, presents a unique investment opportunity. Priced at $313,632, this property boasts 39,204 square feet of land, offering significant potential for development. The zoning is designated as Limited Commercial, providing flexibility for a range of commercial ventures. The lot features 190 feet of frontage on 127th Street, ensuring excellent visibility and accessibility. Utilities are readily available, including sanitary sewer and water connections. While rail service is not present, the location offers easy access to Highway K-96, providing convenient transportation links. A significant advantage is the property's proximity to the newly constructed 278-unit Portofino Apartment Complex, situated directly across the street, creating a high-traffic area with substantial foot and vehicle traffic. This strategic location, combined with the readily available utilities and convenient highway access, makes this property an attractive investment for developers seeking a high-visibility site in a rapidly growing area of Wichita, Sedgwick County, Kansas (zip code 67206). The land value is $8 per square foot. This is a rare opportunity to acquire a well-situated commercial lot in a thriving Wichita neighborhood.

    Property Features for 0 127Th St

    General Information

    Property type
    Land
    Lot Size
    39,204 SF

    HighLights

    • 0.9‑acre commercial lot in Wichita, KS.
    • 39,204 square feet of land.
    • Sanitary sewer and water available.
    • No rail service.
    • Limited Commercial zoning.
    • $8.00 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.1895302
    Latitude
    37.6840045

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    FAQs

    What type of property is this?
    Land - 0.9-acre lot, prime commercial location.
    Where is this land located?
    The property is located at 127Th St Wichita, KS.
    What is the asking price?
    The asking price for this property is $313,632.
    What are key features of this property?
    This property features: 0.9-acre commercial lot in Wichita, KS.; 39,204 square feet of land.; Sanitary sewer and water available.
    (316) 371-8087
    Request Owner's contact information
    127Th St Wichita, KS 67206
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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
    127Th St Wichita, KS 67206
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