5136 Broadway St Wichita, KS 67216
This exceptional 3.61-acre commercial land parcel is strategically located at 5136 S Broadway in Wichita, Sedgwick County, Kansas, zip code 67216. Priced at $310,000 ($1.94/sq ft), this property boasts 318.5 feet of frontage on South Broadway, situated between 47th and 55th streets. The lot dimensions are approximately 318.5' x 502'. Its prime location offers excellent visibility and accessibility, with proximity to major thoroughfares including the I-35 Kansas Turnpike, I-135, and I-235, all within a mile. The area is characterized by a mix of commercial and residential zoning, ranging from GC to LI to LC. This presents a unique opportunity for various development possibilities. Nearby established businesses include Valley State Bank, Walgreens, Jiffy Lube, QuikTrip, Pepsi Bottling Company, Auto Zone, and Midway Baptist Church, indicating a thriving commercial environment. The permitted zoning for this property is SF-5 Single Family, however, the surrounding area has a variety of zoning designations. This presents a unique opportunity for developers to explore various options. The property's size and location make it an ideal investment for developers seeking a high-traffic area with strong potential for growth.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.