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Property profile & analytics
OFF-MARKET
Land

53 53Rd St Kechi, KS 67220

139.51 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 139.51 ac (6,077,056 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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