47th St & Wood Riv Wichita, KS 67216
- Land
- 54.02 lot acres
Current Use by Public Records
- Land
Property Details for 47th St & Wood Riv
- Lot size
- 54.02 lot acres
- Property type
- Land
Description
This exceptional 54.02-acre parcel presents a unique investment opportunity in the thriving Wichita, Kansas market. Located in Sedgwick County, near the intersection of 47th St and Wood River in the Oaklawn-Sunview area (zip code 67216), this property boasts a highly desirable location. Currently zoned SF-5 & SF-20, the land includes 65 existing platted residential lots, ready for immediate development or sale. An additional 34 acres offer significant potential for future expansion and development. The property benefits from its strategic proximity to major transportation arteries, including convenient access to I-235 and I-135 ramps, ensuring easy commutes for residents. Furthermore, its location adjacent to Spirit Aerosystems (employing over 10,000) and McConnell Air Force Base (with approximately 4,000 employees) provides access to a substantial workforce and a strong local economy. The property is situated within the highly regarded Derby Public Schools District (USD 260), making it an attractive location for families. Offered at $750,000, this is an exceptional opportunity to acquire a large-scale residential development site in a prime Wichita location. The existing infrastructure and zoning provide a solid foundation for immediate development, while the additional acreage allows for future expansion and growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.304
- Latitude
- 37.6063
