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    2201 Broadway St Wichita, KS 67211

    For Sale
    $99,000

    Wichita redevelopment opportunity. 0.47 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.47-acre commercial land parcel, located at 2201 S. Broadway in Wichita, Kansas, presents a unique redevelopment opportunity. Currently zoned for Limited Commercial use, this property boasts convenient access from both Broadway and Kinkaid Street, offering excellent visibility and accessibility. The site's strategic location is approximately a quarter-mile north of the bustling intersection of Pawnee and Broadway, placing it within a vibrant and growing area of Wichita. The property's history includes a former Sonic Drive-In restaurant, providing a solid foundation for future development plans. The asking price is $99,000. 2023 property taxes totaled $2,857.32 ($2,851.99 general taxes and $5.33 special taxes). This prime location and attractive price point make this an ideal investment for developers seeking a high-potential project in a desirable Wichita neighborhood. The property's 0.47-acre size offers ample space for a variety of commercial ventures, making it a versatile and attractive investment opportunity. Serious inquiries are encouraged to explore the possibilities of this exceptional redevelopment site. The zip code is 67211, and the Sedgwick County location offers easy access to major transportation routes and amenities.

    Property Features for 2201 Broadway St

    General Information

    Property type
    Land
    Lot Size
    20,473 SF

    HighLights

    • Sale Price: $99,000
    • 0.47‑Acre Lot
    • Limited Commercial Zoning
    • 2023 Taxes: $2,856.32 (General & Special)
    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 Hair Salon Auto Repair Shop 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
    -97.335565329258
    Latitude
    37.653413249184

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    FAQs

    What type of property is this?
    Land - Wichita redevelopment opportunity. 0.47 acres.
    Where is this land located?
    The property is located at 2201 Broadway St Wichita, KS.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Sale Price: $99,000; 0.47-Acre Lot; Limited Commercial Zoning
    (316) 292-3967
    Request Owner's contact information
    2201 Broadway St Wichita, KS 67211
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    Wichita, KS 67211
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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
    2201 Broadway St Wichita, KS 67211
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