51st And Meridian, Wichita, KS 67204
This exceptional 12-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Located at the highly desirable intersection of 51st and Meridian in Sedgwick County, zip code 67204, this property boasts a convenient location with quick access to major thoroughfares like K-96 and I-235, ensuring excellent connectivity and accessibility. Currently zoned for single-family residential use, re-zoning is planned, opening up a wide range of development possibilities for commercial ventures. All utilities are readily available on-site, simplifying the development process and minimizing upfront costs. The property sits within a high-quality neighborhood characterized by strong demographics, making it an attractive location for a variety of commercial uses. The seller is open to both outright sale of the entire 12 acres or exploring build-to-suit options, offering flexibility to potential buyers. This is a rare opportunity to acquire a substantial land parcel in a prime Wichita location with significant growth potential. The property's strategic location and planned re-zoning make it an ideal investment for developers seeking to capitalize on the area's strong market dynamics. Don't miss this chance to secure a piece of Wichita's thriving 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.