53 53Rd St Kechi, KS 67220
This exceptional 139.51-acre land tract presents a unique development opportunity in Wichita, Kansas. Located at the southwest corner of 53rd and Oliver, this property boasts a highly desirable infill location with convenient access to major highways (four in total), making commuting a breeze. The site is zoned for residential and limited commercial use, offering flexibility for a variety of projects. Utilities are either available on-site or readily accessible nearby. The area is well-established, with nearby restaurants and shopping providing ample amenities. Furthermore, Wichita State University is only three miles south, adding to the property's appeal. The location also benefits from proximity to a variety of K-12 public and private schools. The land itself features mature trees and favorable terrain, making development relatively straightforward. The property is situated within the city limits of Wichita, yet is surrounded by three other cities, offering a strategic location within a thriving regional economy. This is an exceptional opportunity to acquire a substantial land parcel in a prime location with excellent access to amenities, transportation, and educational institutions. This property is ideal for developers seeking a large-scale project in a well-connected and desirable area.
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.