2022 16th St Wellington, KS 67152-8151
This exceptional 0.57-acre commercial land parcel presents a unique investment opportunity in Wellington, Kansas. Strategically located on East 16th Street, the property boasts unparalleled visibility due to its proximity to a Walmart Supercenter, which averages approximately 72,600 monthly visitors. The site benefits from its position along East 16th Road and South William Drive, ensuring high traffic counts and excellent exposure for any commercial development. The property is zoned as Highway Service District (C-S), allowing for a variety of commercial uses. Its convenient location offers easy access to major transportation arteries, including the Kansas Turnpike and Interstate 35, enhancing accessibility for both customers and employees. Situated just 35 miles south of Wichita, Kansas, this location provides access to a larger regional market. The high visibility, convenient location, and favorable zoning make this a compelling opportunity for businesses seeking a prominent presence in a thriving community. The substantial traffic generated by the adjacent Walmart store provides a significant advantage for attracting customers and building a successful enterprise. This property is ready for development and offers significant potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RV06 · Wellington, KSCosts & 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.