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    OFF-MARKET
    Land

    61st And Armstrong, Wichita, KS 67204

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial land offering presents a unique opportunity for businesses seeking a strategic location in North Wichita, near Park City. The property encompasses a sizable area ranging from 5 to 50 acres, providing ample space for various development projects. Situated at the convenient intersection of 61st and Armstrong, this site boasts excellent highway access via I-135 at 61st N, ensuring seamless transportation and logistics. The land is fully prepared for immediate development, being a "shovel-ready" site with utilities already in place and an existing access road. Pricing is competitive, ranging from $2.00 to $2.50 per square foot. The property is zoned for industrial use, making it ideal for a wide range of businesses. This location benefits from proximity to established industrial neighbors, including Air Capital Delivery and Warehouse, TMX Aerospace, Apex Trucking, Tect Aerospace, TW Metals, and an Amazon Distribution Warehouse, creating a thriving and supportive business environment. No special assessments are required. This is a rare opportunity to acquire a well-located, fully prepared industrial land parcel in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 5 ac (217,800 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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