368 Towne East Mall Dr Wichita, KS 67207
This 1.65-acre commercial land parcel, located at 368 S. Towne East Mall Dr. in Wichita, Kansas, presents a unique investment opportunity. Situated in Sedgwick County, zip code 67207, the property boasts a prime location adjacent to Towne East Square, a major shopping mall featuring anchor stores such as Scheels, Dillard's, JCPenney, and Von Maur. The site offers convenient access and high visibility from Kellogg (U.S. Hwy. 54/400), one of Wichita's highest traffic volume intersections. The property's zoning is Limited Commercial, and the lot size is approximately 71,764 square feet. Signage opportunities are available, including a shared 55-foot pylon sign and a dedicated 30-foot pylon on the site. 2023 property taxes totaled $10,715.03 ($6,161.94 general and $4,553.09 special assessments). This property is ideal for businesses seeking high visibility and convenient access to a large consumer base.
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.