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    OFF-MARKET
    Land

    0 127Th St, Wichita, KS 67206

    0.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.9-acre commercial land parcel, located at the intersection of Central and 127th in Wichita, Kansas, presents a unique investment opportunity. Priced at $313,632, this property boasts 39,204 square feet of land, offering significant potential for development. The zoning is designated as Limited Commercial, providing flexibility for a range of commercial ventures. The lot features 190 feet of frontage on 127th Street, ensuring excellent visibility and accessibility. Utilities are readily available, including sanitary sewer and water connections. While rail service is not present, the location offers easy access to Highway K-96, providing convenient transportation links. A significant advantage is the property's proximity to the newly constructed 278-unit Portofino Apartment Complex, situated directly across the street, creating a high-traffic area with substantial foot and vehicle traffic. This strategic location, combined with the readily available utilities and convenient highway access, makes this property an attractive investment for developers seeking a high-visibility site in a rapidly growing area of Wichita, Sedgwick County, Kansas (zip code 67206). The land value is $8 per square foot. This is a rare opportunity to acquire a well-situated commercial lot in a thriving Wichita neighborhood.

    Property profile
    Verified
    Property type Land
    Lot 0.9 ac (39,204 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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