5255 Broadway St Wichita, KS 67216
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.
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Lot a lizards & howes Nightclub Bar & Pub
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
Similar Nearby for Sale
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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.