0 Meridian Ave And Bachman Dr Wichita, KS 67204
This exceptional commercial land opportunity in Northwest Wichita, Kansas, presents a unique investment prospect. Located at the intersection of Meridian Avenue and Bachman Drive, this property offers multiple lots ideal for various commercial developments. The site is zoned LC, allowing for a range of commercial uses. The available lots provide significant frontage on Meridian Avenue, a major thoroughfare. Lot 1 encompasses 0.77 acres (50,530 square feet) with 200 feet of Meridian frontage, while Lots 2 through 6 each measure 0.75 acres (32,670 square feet) and offer 165 feet of Meridian frontage. A combined purchase of Lots 2 and 3 is possible, resulting in a larger 1.90-acre parcel with an impressive 417 feet of Meridian frontage. This strategic location boasts a strong demographic profile, with an average household income within a one-mile radius exceeding $95,000. The property's prime location and zoning make it an attractive investment for developers seeking high-visibility commercial space in a thriving Wichita neighborhood. The asking price is $12 per square foot. This presents a rare chance to acquire land in a high-demand area with significant development potential. The zip code is 67204.
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
Similar Nearby for Lease
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.