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    29th St Wichita, KS 67220

    For Sale
    $480,900

    Prime Wichita location, 2.76 acres, Limited Commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.76-acre commercial land parcel, located at the Northeast corner of 29th Street North and Oliver in Wichita, Kansas, presents a unique investment opportunity. Priced at $480,900, this property offers significant potential for development. The site boasts a strategic location, enjoying close proximity to major employers and amenities. It's situated near Koch Industries and the Wichita State University campus, directly across from the Wichita State University Metroplex and Dental School. Furthermore, the property is conveniently located just one mile from the new Innovation Campus at Wichita State University and three miles from the Bradley Fair Retail Center. The lot size is 120,225 square feet, and the zoning is designated as Limited Commercial (LC). Utilities are readily available to the site, simplifying development plans. This property's prime location and accessibility make it an ideal site for a variety of commercial ventures. The asking price of $480,900 translates to approximately $4.00 per square foot. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving Wichita area. The zip code is 67220, and the Sedgwick County location offers excellent access to major transportation routes.

    Property Features for 29th St

    General Information

    Property type
    Land
    Lot Size
    120,226 SF

    HighLights

    • Sale Price: $480,900
    • Price Per Square Foot: $4.00
    • Lot Size: 120,225 SF (2.76 Acres)
    • Zoning: Limited Commercial
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.28061415632
    Latitude
    37.737597373553

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    FAQs

    What type of property is this?
    Land - Prime Wichita location, 2.76 acres, Limited Commercial zoning.
    Where is this land located?
    The property is located at 29th St Wichita, KS.
    What is the asking price?
    The asking price for this property is $480,900.
    What are key features of this property?
    This property features: Sale Price: $480,900; Price Per Square Foot: $4.00; Lot Size: 120,225 SF (2.76 Acres)
    (316) 641-4141
    Request Owner's contact information
    29th St Wichita, KS 67220
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    Wichita, KS 67220
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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
    29th St Wichita, KS 67220
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