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Property profile & analytics
FOR SALE
Commercial real estate

4035 S Meridian Ave Wichita, KS 67217

5 ac lot
Entity Owned 9-yr Hold
Property ID
US33-0627867
Property summary
AI-generated overview

This exceptional five-acre commercial land parcel presents a unique investment opportunity in southwest Wichita, Kansas. Strategically located on the southwest corner of Meridian and MacArthur Road, this property boasts unparalleled visibility and accessibility. The site is situated directly adjacent to a QuikTrip convenience store to the north and Midwest Hearing Aids and Family Dollar to the east, ensuring high traffic volume. With a remarkable 11,416 cars passing daily, this hard corner location offers unmatched exposure for any commercial venture. The property's proximity to key infrastructure is another significant advantage. It's less than half a mile from Interstate 235, providing convenient access to major transportation routes. Furthermore, it's within a half-mile radius of a new, $100 million state hospital projected to employ nearly 400 staff members, creating a substantial and growing workforce nearby. The land is also conveniently located just over 1.5 miles from Campus High School. This property neighbors The Paddock Industrial Park, Wichita's only Kansas Department of Commerce Certified Site, further enhancing its desirability and potential for development. The permitted zoning is commercial, offering flexibility for a wide range of commercial uses. This is the only available hard corner at this high-traffic intersection, making it a truly exceptional opportunity in a thriving area of Wichita. The property is located at 4035 S Meridian Ave, Wichita, KS 67217, in Sedgwick County.

Property profile
Verified
Property type Commercial real estate
Lot 5 ac (217,800 SF)
UPID US33-0627867
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Southborough Partners · 9 yrs held
Southborough Partners
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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