32 32Nd St Wichita, KS 67226
This exceptional 73,737 square foot commercial land parcel presents a remarkable investment opportunity in Northeast Wichita, Kansas. Located at the prominent intersection of 32nd & Penstemon, this property boasts unparalleled visibility and convenient access to a wealth of amenities. Zoned for General Commercial use, the possibilities are vast, encompassing office space, corporate headquarters, medical facilities, retail establishments, or service-oriented businesses. The asking price is $589,896, translating to a competitive $8 per square foot land value. Its strategic corner lot position ensures maximum exposure, while its proximity to numerous restaurants, banks, and other essential services enhances its appeal. Furthermore, the property benefits from excellent visibility from K-96 and its close proximity to Jabara Airport, providing exceptional accessibility for employees and clients alike. This prime location in Sedgwick County, Kansas (zip code 67226) offers a unique blend of high visibility, convenient access, and diverse development potential, making it an ideal choice for discerning investors and developers seeking a strategic foothold in a thriving market. The latitude and longitude coordinates are 37.7428172, -97.2418543 respectively.
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
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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.