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Property profile & analytics
OFF-MARKET
Specialty properties

5255 Broadway St Wichita, KS 67216

1.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial development opportunity presents two contiguous parcels totaling 2.06 acres in Wichita, Kansas. Located at 5255 S. Broadway, Sedgwick County, zip code 67216, this property is zoned for General Commercial use, offering significant flexibility for a variety of projects. The land is ideally suited for development projects requiring ample space, such as parking garages or other commercial ventures. The property is divided into two distinct lots: Lot 1 encompasses 1.01 acres, and Lot 2 comprises 1.05 acres. This allows for flexibility in development plans, potentially accommodating separate projects or a single, larger-scale development. The asking price for the entire 2.06-acre property is $403,801, representing a price per square foot of $4.50. This presents a compelling investment opportunity in a thriving Wichita location. The property's strategic location on S. Broadway offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. Serious inquiries are encouraged to explore the potential of this significant development opportunity. Coordinates are 37.600094 latitude and -97.334763 longitude.

Property profile
Verified
Property type Specialty properties
Lot 1.01 ac (43,996 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lot a lizards & howes Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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