29 29Th St Wichita, KS 67220
This exceptional 9.52-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Situated at the intersection of 29th and Oliver, this property is zoned for both limited commercial and multi-family uses, offering considerable flexibility for development. The site's strategic location benefits from proximity to established residential and commercial areas. To the south, the property is adjacent to apartment complexes, while across the street to the east, office buildings are situated. Adding to its appeal, the southeast corner of the intersection features a large former church property now utilized by Wichita State University for various purposes, including classrooms, events, auditoriums, and sports fields. While the western portion of the property lies within a designated floodplain, the majority of the land offers significant potential for a variety of development projects. The property's size and zoning make it ideal for a mixed-use development, combining residential and commercial components to cater to the growing needs of the Wichita community. Detailed site plans and flood plain information are available upon request. This is a rare opportunity to acquire a substantial land parcel in a thriving area of Wichita with excellent access to major roadways and amenities. The 67220 zip code offers a strong residential and commercial base. This property is ready for your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.