0 159Th St Wichita, KS 67230
This exceptional 2.05-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Strategically located at the Northwest corner of Central Avenue and 159th Street East, this property boasts excellent visibility and accessibility. The site comprises approximately 247 feet of frontage along 159th Street East and approximately 360 feet along Central Avenue, offering ample space for development. The property is zoned NO - Neighborhood Office, making it suitable for a variety of commercial office uses. With its substantial size and prime location, this land offers significant potential for developers seeking to establish a presence in a thriving Wichita market. The annual property taxes are $3,418.19. The land is priced at $20 per square foot. This is a rare opportunity to acquire a large, well-situated commercial lot in a desirable area of Wichita. The property consists of four parcels, providing flexibility for development plans. Don't miss this chance to secure a piece of Wichita's vibrant commercial landscape.
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
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.