4833 Lulu AveWichita, KS 67216

  • Commercial real estate
  • 2.21 AC
For Sale
$250,000 View listing

Property Details for 4833 Lulu Ave

Lot size
2.21 AC
Property type
Commercial real estate
APN
087-215-21-0-12-01-013.00
APU
87215210120101300

Description

This exceptional 2.21-acre commercial and industrial land parcel presents a remarkable investment opportunity in Wichita, Kansas. Located at 4833 S Lulu Ave, 67216, this strategically positioned property boasts convenient access to major transportation arteries, including I-35, I-135, and I-235, placing your business at the gateway to Wichita. The site is zoned for limited industrial use and is completely shovel-ready, featuring existing utilities, paved streets, and curbed infrastructure. Priced competitively at $250,000 ($2.91 per square foot), this land offers significant potential for immediate development. The area is vibrant and well-established, with notable neighbors including Boot Barn's Catalog Warehouse, Super 8 Holiday Inn Express, Applebee's, Cybertron, Price Truck Line, Yellow Freight Systems, Southwestern Bell, IHOP, Mid-America Auto Auction, Kroger, McDonald's, and Braums, among many others. This property represents a rare chance to acquire a prime piece of land in a high-traffic, high-visibility location, ideal for a variety of industrial or commercial ventures. Don't miss this opportunity to establish your business in a thriving Wichita market. The property is situated in Sedgwick County and offers excellent visibility and accessibility. All utilities are readily available, making this a truly turnkey solution for your next project.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,984,424
    Hospitality
    $17,389,630
    Educational
    $14,467,969
    Medical
    $14,965,544
    Retail
    $22,505,730

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6068
Longitude
-97.321
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
$1,003
$8,664
-
$8,664
-
$72,200
-
$72,200

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