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    Hoover Rd & K-96 Wichita, KS 67205

    For Sale
    $340,000

    Prime 2.65-acre industrial lot. High-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.65-acre commercial land parcel, located in Wichita, Kansas's Hoover Industrial Park (Lot 5), presents a unique investment opportunity. Situated at the intersection of Hoover Road and K-96, this property boasts excellent highway visibility and accessibility, ensuring high traffic exposure. The lot is zoned for Limited Industrial use, making it ideal for a variety of businesses. Benefit from the convenience of City of Wichita utilities. The location offers significant advantages, with proximity to high-quality residential neighborhoods, shopping centers, and recreational facilities. Low special taxes further enhance the financial appeal of this property. This high-growth area promises strong future returns, making this a compelling investment for developers and businesses alike. The property's address is Hoover Rd. & K-96, Wichita, KS 67205, within Sedgwick County. The asking price for this exceptional opportunity is $340,000.

    Property Features for 0 Hoover Rd & K-96

    General Information

    Property type
    Land
    Lot Size
    115,434 SF

    HighLights

    • Low property taxes.
    • Excellent location near high‑quality residential, retail, and recreational amenities.
    • City of Wichita water and sewer services.
    • Prominent highway (K‑96) frontage and visibility.
    • Situated in a high‑growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.4255486
    Latitude
    37.7598257

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    FAQs

    What type of property is this?
    Land - Prime 2.65-acre industrial lot. High-growth area.
    Where is this land located?
    The property is located at Hoover Rd & K-96 Wichita, KS.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: Low property taxes.; Excellent location near high-quality residential, retail, and recreational amenities.; City of Wichita water and sewer services.
    (316) 618-1100
    Request Owner's contact information
    Hoover Rd & K-96 Wichita, KS 67205
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    Wichita, KS 67205
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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
    Hoover Rd & K-96 Wichita, KS 67205
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