Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    77Th St Valley Center, KS 67147

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    77Th St Valley Center, KS 67147

    View on Map
    • Land
    • 1.36 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 77Th St

    Lot size
    1.36 lot acres
    Property type
    Land

    Description

    This offering presents exceptional commercial and industrial land parcels strategically located at the northwest corner of I-135 and 77th Street North in Sedgwick County, Kansas, near Park City and Valley Center. The property comprises multiple lots ranging from 1.36 to 6.82 acres, zoned I-1 (Light Industrial), providing ample space for various industrial uses. All lots boast excellent highway access to I-135, I-235, and US Highway 81, ensuring seamless transportation and logistics. The area benefits from the proximity to the growing communities of Park City and Valley Center, offering a strong workforce pool and expanding market. Incentive packages, including tax abatements and IRB assistance, are available from the city of Park City to support development. Special assessments are approximately $0.12 per square foot. All utilities are readily available, and the city facilitates fast-tracked building plan approvals. A grading plan is available within two weeks of request. Furthermore, the Arena Drive extension to 85th Street North is complete, enhancing accessibility and connectivity. Lot sizes vary, with options including 67,536 sq ft, 60,210 sq ft, 59,542 sq ft, and 110,223 sq ft. Pricing is available upon request. This is a unique opportunity to acquire prime industrial land in a rapidly developing area with significant growth potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valley Center
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3704
    Latitude
    37.825

    Comparable in this City

    • Value Estimation by Request
      37.00 Acres

      85th And Hydraulic Ave

      Land • 37.00 Acres
      85th And Hydraulic Ave, Park City, KS 67147
      View Details
    • Value Estimation by Request
      4.37 Acres

      82 82Nd St

      Land • 4.37 Acres
      82 82Nd St, Valley Center, KS 67147
      View Details
    • Value Estimation by Request
      1.64 Acres

      7974 Hartman Arena Dr

      Land • 1.64 Acres
      7974 Hartman Arena Dr, Park City, KS 67147
      View Details
    • Value Estimation by Request

      515 85Th St

      Farms
      515 85Th St, Park City, KS 67147
      View Details
    • Value Estimation by Request
      14.65 Acres

      101St St

      Land • 14.65 Acres
      0 101St St, Valley Center, KS 67147
      View Details
    • Value Estimation by Request
      5.72 Acres

      1144 Meridian Ave

      Land • 5.72 Acres
      1144 Meridian Ave, Valley Center, KS 67147
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      76.94 Acres of Land

      76.94 acres of land available for sale.
      I-135 85Th St NW/c, Park City, KS 67147
      View Details
    • $498,100

      Land with Interstate Frontage

      Land with visibility, utilities, and potential commercial zoning.
      922 NE/c 101St St N, Park City, KS 67147
      View Details
    • Contact for pricing

      Land Available South of Valley Center

      Land for sale close to major highways.
      1144 S Meridian Ave, Valley Center, KS 67147
      View Details
    • Contact for pricing
      0.18 Acres

      Residential Land in Park City, KS

      Residential land available for building a dream home.
      Block A, Park City, KS 67147
      View Details
    • Contact for pricing

      Park City Development Opportunity

      Prime land for commercial or retail development in Park City.
      8177 N Hartman Arena Dr, Park City, KS 67147
      View Details
    • Contact for pricing
      Pending

      Residential Land in Park City

      Residential land available in Park City, Kansas.
      Block D, Park City, KS 67147
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    77Th St
    Valley Center, KS 67147
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!