0 Nec Greenwich Rd & K-254 Wichita, KS 67226
This exceptional 131-acre commercial land parcel presents a unique investment opportunity in Wichita, Kansas. Located at the Northeast corner of Greenwich Road and K-254, this property boasts unparalleled visibility and convenient access to major highways including K-254, I-135, and I-235. The permitted zoning is Rural Residential, offering flexibility for a variety of development projects. Imagine the possibilities – residential, industrial, or retail developments could all thrive in this strategic location. The area is already home to a diverse range of businesses and institutions, including Wichita Hoops, Epic Sports, Wichita Northeast High School, Cillessen & Sons, Inc., Meter Engineer, FedEx, Empire Wall Systems, and Nordic Stone, creating a vibrant and established community. The 2022 property taxes were $683.31. The land is priced at $22,500 per acre, representing a compelling value for this significant acreage in a high-growth area. The USD 375 Circle School District serves the area. This property offers exceptional potential for developers seeking a large-scale project with excellent visibility and convenient access to major transportation arteries. Don't miss this chance to acquire a substantial piece of Wichita's future.
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.