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    63Rd St Wichita, KS 67216

    For Sale
    $225,000

    1.96 Acres, High-Visibility Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.96-acre commercial land parcel presents a compelling investment opportunity in Wichita, Kansas. Strategically located at the northeast corner of Hydraulic and 63rd Street South, this property boasts unparalleled visibility from all four directions, ensuring maximum exposure for any future development. The site is situated along a major commuter route between Derby and Haysville, providing convenient access to a substantial population base. Its proximity to Wichita offers easy connectivity to a larger metropolitan area, while its location near the Kansas Star Casino adds to its appeal and potential for increased foot traffic. The property is zoned for LIMITED COMMERCIAL use, opening up a range of development possibilities. This developing area shows strong retail potential, making it an ideal location for businesses seeking high visibility and convenient access. The land's size and location make it suitable for a variety of commercial ventures, capitalizing on the area's growth and strong traffic patterns. This is a rare opportunity to acquire a prime commercial lot in a thriving area with excellent visibility and accessibility. The asking price is $225,000. The property's address is NE/c Hydraulic & 63rd St. S., Wichita, KS 67216.

    Property Features for 0 63Rd St

    General Information

    Property type
    Land
    Lot Size
    85,378 SF

    HighLights

    • $225,000 asking price.
    • 1.96‑acre commercial land parcel.
    • Limited Commercial zoning.
    • High visibility at the intersection of 63rd St. S. and Hydraulic St., near Derby and Haysville.
    • Convenient access to Wichita, Derby, Haysville, and the Kansas Star Casino.
    • Located in a developing area with retail potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3157476
    Latitude
    37.5790195

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    FAQs

    What type of property is this?
    Land - 1.96 Acres, High-Visibility Location
    Where is this land located?
    The property is located at 63Rd St Wichita, KS.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price.; 1.96-acre commercial land parcel.; Limited Commercial zoning.
    (316) 292-3946
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    63Rd St Wichita, KS 67216
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    Wichita, KS 67216
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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
    63Rd St Wichita, KS 67216
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