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    Property profile & analytics

    5343 Meridian Ave Wichita, KS 67204-2435

    • Drive through restaurants
    • 6,029 SF
    • 1.26 lot acres
    OFF-MARKET
    Value Estimation
    $795,000
    Location Intelligence
    Property ID
    US33-1522065
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Braum's Ice Cream & Dairy Store / Ice Cream Shop

    Property Details for 5343 Meridian Ave

    Year built
    2022
    Lot size
    1.26 lot acres
    Property size
    6,029 SF
    Property type
    Drive through restaurants
    APN
    087-086-24-0-11-01-001.00
    APU
    87086240110100100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3726
    Latitude
    37.7809
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $64,791
    $109,750
    $432,010
    $541,760
    -
    $439,000
    $1,728,040
    $2,167,040

    Comparable in this City

    • Value Estimation by Request
      230 SF

      711 25th N St

      DRIVE-THRU RESTAURANT, FAST FOOD • 230 SF
      711 25th N St, Wichita, KS 67204-6031
      View Details
    • Value Estimation
      $315,000
      0.28 Acres

      Wichita, KS 67204

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.28 Acres
      Wichita, KS 67204
      View Details
    • Value Estimation
      $365,000
      0.81 Acres

      2707 53rd N St

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.81 Acres
      2707 53rd N St, Wichita, KS 67204-5601
      View Details
    • Value Estimation
      $520,000
      3,896 SF

      2261 Amidon Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,896 SF
      2261 Amidon Ave, Wichita, KS 67204-5627
      View Details
    • Value Estimation
      $745,000
      4,310 SF

      2616 53rd N St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,310 SF
      2616 53rd N St, Wichita, KS 67204-2203
      View Details
    • Value Estimation by Request
      10,400 SF

      344 29th N St

      RESTAURANT • 10,400 SF
      344 29th N St, Wichita, KS 67204-4806
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      25,997 SF

      North Gate Center: Wichita Retail Space

      Prime Wichita Shopping Center - Vacant, 26,000 SF
      638 33Rd St, Wichita, KS 67204
      View Details
    • $500,000
      3,387 SF

      Wichita Redevelopment Opportunity on Meridian

      Commercial building and home on 4.5 acres near West 53rd.
      5310 N Meridian Ave, Wichita, KS 67204
      View Details
    • $1,300,000
      6,600 SF

      Park City Industrial Property

      6,600 SF Flex Space, Large Yard
      111 53 St, Park City, KS 67204
      View Details
    • $680,000

      Wichita Industrial Property with Warehouse

      Office and warehouse space in Wichita's industrial corridor.
      703 W 53Rd St N, Wichita, KS 67204
      View Details
    • $700,000
      19 SF

      Industrial Land Near I-135

      19.16 acres of industrial land with excellent highway access.
      7530 N Broadway St, Wichita, KS 67204
      View Details
    • $275,000
      5,000 SF

      Functional Industrial Building on Acreage

      5,000 SF industrial building on 1.5 acres.
      1100 W 37Th St N, Wichita, KS 67204
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,097 SF

      Retail Space at High-Traffic Intersection

      Retail space available at a high-traffic Wichita intersection.
      2303 N Amidon Ave, Wichita, KS 67204
      View Details
    • $11 SF/Yr
      25,997 SF

      North Gate Retail Spaces Available

      Wichita retail space, multiple suites.
      638 33Rd St, Wichita, KS 67204
      View Details
    • $3,500 /Mo
      2,519 SF

      Wichita Office and Industrial Space

      2,519 SF office and industrial space for lease.
      3357 N Amidon Ave, Wichita, KS 67204
      View Details
    • $2,000 /Mo
      1,500 SF

      Office Space Near 21st Street

      Lease opportunity: office space near 21st St North and Amidon.
      2203 N Sweetbriar St, Wichita, KS 67204
      View Details

    Property Visit Statistics

    • Visits by month
      24.9k
    • Visitors by month
      17.3k
    • Avg Time on site
      17 min
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    5343 Meridian Ave
    Wichita, KS 67204-2435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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