4041 Maize RdMaize, KS 67101

Property Details for 4041 Maize Rd

Year built

2007

Lot size

1.22 AC

Property size (Sq ft)

11,562 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

087-089-30-0-41-08-001.00

APU

87089300410800100

Description

Exceptional commercial land parcels are available in the thriving North Maize Road Corridor of Maize, Kansas, situated at the northwest corner of 37th and Maize Road. These sites, ranging from 26,705 to 63,875 square feet, are zoned for Limited Commercial use and offer the unique possibility of combining adjacent lots to create larger developments. The location benefits from its position within the rapidly expanding northwest quadrant of Wichita, a region experiencing significant growth and development. This prime location boasts excellent demographics and high traffic counts, making it an ideal investment for businesses seeking high visibility and accessibility. Furthermore, special assessments on the properties are nearly fully paid, minimizing upfront costs for potential buyers. The properties are conveniently located within Sedgwick County, Kansas, with the address listed as 4041 N Maize Rd, Maize, KS 67101. This presents a rare opportunity to establish a presence in one of Wichita's most dynamic commercial corridors. The potential for significant return on investment is substantial, given the area's growth trajectory and the flexibility offered by the various lot sizes and combination possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $2,619,506

  6.5%

  $2,418,006

  7%

  $2,245,291

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,505,672

  Geo Method

  $3,505,672

• Alternative Use

  Use

  Valuation

  Residential

  $2,039,678

  Hospitality

  $1,868,334

  Educational

  $1,554,432

  Medical

  $1,607,891

  Retail

  $2,418,006

Location Insight

City

Maize

County

Sedgwick

State

Kansas

Latitude

37.757

Longitude

-97.4636

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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