Zoned Land in SE Wichita

Vacant Land for Sale
Auction
Catylist Listing ID: 30665613
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 2.49 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 11/12/2020

Overview / Comments

Upcoming Online Only Auction! ZONED LAND - DEVELOPMENT - INVESTMENT. This property is a well located corner commercial lot in the Southeast Wichita corridor and near the newly built Southeast High School. The property is on the Southwest corner of Webb Road and Pawnee Street with great visibility from both streets. The property will make a great development opportunity for an owner occupant or for future investment. The Southeast corridor of Wichita is home to many residential homes and apartment buildings providing a well populated area with potential for continued growth. Bidding is open and closes on Friday, December 11th @ 11:00AM. Bidding will remain open until 1 minute has passed without receiving an acceptable bid. There is a 10% buyers premium added to the final bid price. The sale is as is, where is with no contingencies. At the conclusion of the auction, the successful bidder will be required to deposit $15,000.00 as earnest deposit and sign a purchase contract. Closing will occur on or before 30 days after the execution of the contract. Bidder packets will be available.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087223050110100100
Zoning: LIMITED COMMERCIAL
Traffic/Vehicle Count: 15,238

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,640 53,573 150,868
Median Age: 32.97 33.96 34.4
Households: 4,116 22,187 59,608
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