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    Of Wichita, KS 67206

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    Wichita, KS commercial land, 3.29 acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.29-acre (143,173 sq ft) commercial pad site presents a unique investment opportunity in Wichita, Kansas. Located north of 13th on Webb Road, this property boasts a prime location within The Waterfront, a thriving 200-acre mixed-use development. Overlooking 25 acres of freshwater lakes and adjacent to a rapidly developing upscale residential neighborhood, this site benefits from unparalleled visibility and access to a high-density population of affluent consumers. The Waterfront master plan encompasses over 350,000 square feet of retail space, including Wichita's most sought-after restaurants, 900,000 square feet of Class A office space (the city's largest concentration), a Hilton Homewood Suites hotel, and approximately 60 acres of single-family homes. This dynamic environment attracts a diverse clientele, creating a robust market for businesses seeking a prestigious and convenient location. The site's proximity to a wide array of amenities, including upscale retail, dining, and lodging, ensures high foot traffic and strong brand visibility. This is an exceptional opportunity to establish a presence in one of Wichita's most desirable and rapidly growing mixed-use developments. The site is vacant and ready for immediate development. The zip code is 67206.

    Property Features for 0 Of

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 3.29‑acre (143,173 sq ft) commercial pad site in Wichita, KS.
    • Prime location in The Waterfront, a thriving 200‑acre mixed‑use development.
    • Overlooks 25 acres of freshwater lakes and is adjacent to a rapidly developing upscale residential neighborhood.
    • The Waterfront features over 350,000 sq ft of retail, 900,000 sq ft of Class A office space, and a Hilton Homewood Suites hotel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2237
    Latitude
    37.7084501

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    FAQs

    What type of property is this?
    Land - Wichita, KS commercial land, 3.29 acres
    Where is this land located?
    The property is located at Of Wichita, KS.
    What are key features of this property?
    This property features: 3.29-acre (143,173 sq ft) commercial pad site in Wichita, KS.; Prime location in The Waterfront, a thriving 200-acre mixed-use development.; Overlooks 25 acres of freshwater lakes and is adjacent to a rapidly developing upscale residential neighborhood.
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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
    Of Wichita, KS 67206
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