Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Park City Title is generated by Realmo AI

    BLOCK C lot 1, Park City, KS 67147

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Park City, KS

    Lot size:
    0.22 Acres
    Added:
    Jun 28, 2023
    Days on Market:
    1054
    Last Refresh:
    May 16 at 9:06 pm

    Property Features for BLOCK C lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Single Family
    Standard status
    Active
    APN
    00523903
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    LOT 1 BLOCK C SADDLEBROOK 3RD ADD.

    Utilities

    Utilities
    Natural Gas Available
    Water source
    Private

    We can help!

    Listing Contact
    Dustin Lynam

    Listing agent Dustin Lynam License #00237038

    Listing office Heritage 1st Realty 12005 E 13th St N, Wichita, KS

    Listing date Jun 28, 2023

    MLS# 627003 Listing URL

    Copyright © 2026 South Central Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Opportunity to build a custom dream home.
    • Located in the Valley Center School District.
    • HOA is adding desirable amenities to the corner lot.
    • View out options available.
    • Egress options available.
    • Natural gas available.

    Overview

    This is an opportunity to build a home in the Saddlebrook community, located within the Valley Center School District. The available land allows for the construction of various home styles, including spec homes or fully custom designs. Options include view out, egress, and slab home designs. The Homeowners Association (HOA) is developing amenities on the corner lot. The lot size is approximately 0.22 acres and is zoned for single family use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Park City
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3335105
    Latitude
    37.8444147

    Nearby Similar for Sale

    • $375,000
      2,430 SF

      New Duplex in Briarbrook

      New 2025 duplex in Park City's Briarbrook neighborhood.
      613 E Briarbrook Ln, Park City, KS 67147-1127
      View Details
    • $375,000
      2,430 SF

      New Duplex in Briarbrook

      New duplex in Park City's Briarbrook neighborhood for sale.
      619 E Briarbrook Ln, Park City, KS 67147-1127
      View Details
    • $2,400,000
      41 SF

      Prime Industrial/Commercial Land Available

      41-acre parcel in Wichita's industrial corridor with development potential.
      5611 N Hydraulic Ave, Park City, KS 67219
      View Details
    • $2,400,000
      41 SF

      Prime Wichita Development Opportunity

      41 acres of industrial/commercial land with redevelopment potential.
      5611 N Hydraulic Ave, Park City, KS 67219
      View Details
    • $6,353,661

      Divisible Land Near I-135

      Commercial land available near I-135, suitable for various uses.
      1250 E 85th St N, Park City, KS 67147
      View Details
    • $100,000

      Commercial Land in Growing Community

      Commercial land in Park City near mixed-use development.
      0-0 East 61st St N, Park City, KS
      View Details
    • $28,000

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      Maplewood Ct, Park City, KS 67147
      View Details
    • $28,000

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      Maplewood Ct, Park City, KS 67147
      View Details
    • $28,000

      Residential Land in Park City

      Land for sale in Park City, Kansas.
      Maplewood Ct, Park City, KS 67147
      View Details
    • Contact for pricing

      Park City Development Opportunity

      14.84 acres in high-traffic area near casinos.
      1200 E 77th St N, Park City, KS
      View Details
    • $26,000

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      BLOCK D lot: 46, Park City, KS 67147
      View Details
    • $498,100

      Land with Interstate Frontage

      Land with visibility, utilities, and potential commercial zoning.
      922 NE/c of 101st St. N., Park City, KS
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land available for building a dream home.
    Where is this residential land & home lot located?
    The property is located at BLOCK C lot 1 Park City, KS.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Opportunity to build a custom dream home.; Located in the Valley Center School District.; HOA is adding desirable amenities to the corner lot.
    (316) 259-9184
    We can help!
    Listing Contact
    Dustin Lynam
    Real Estate License ID: 00237038
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    BLOCK C lot: 1, Park City, KS 67147
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!