Technical
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Property profile

0 21St St Wichita, KS 67205

OFF-MARKET
Land
1.39 ac lot
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Property summary

AI-generated overview

This exceptional 1.39-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Located at the northeast corner of 21st and 119th streets, this property is strategically positioned just one mile west of the bustling Maize Road corridor, a thriving area anchored by numerous national retail and restaurant chains. The site boasts a highly desirable location within a densely populated residential area, ensuring a strong customer base for any commercial development. The property is zoned for limited commercial use, offering flexibility for a variety of development projects. Consider the potential for a build-to-suit development or a ground lease arrangement. The asking price is $666,028, translating to $11 per square foot. Proximity to major retailers such as Walmart, Dillons, Best Buy, Marshall's, Old Navy, Ulta, Chick-fil-A, Lowe's, HomeGoods, and Sam's Club provides significant advantages. Furthermore, the property benefits from its proximity to several school districts including Maize USD 266, Goddard USD 265, Renwick USD 267, and Wichita USD 259. This prime location and its potential for high returns make this a compelling investment opportunity. The property's address is NEC 21st & 119th, Wichita, KS 67205.

Property profile

Verified
Property type Land
Lot 1.39 ac (60,548 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21St St Wichita, KS 67205
Wichita metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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