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    OFF-MARKET
    Land

    51st And Meridian, Wichita, KS 67204

    12 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 12 ac (522,720 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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