143rd & 21st St

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143rd & 21st St

Wichita, KS 67230
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel available for sale in Wichita
  • Suitable for single-family residential development projects
  • Located at the intersection of 143rd and 21st St
  • Positioned within a growing suburban sector of Wichita
  • Ideal site for builders pursuing new construction opportunities

What's Special

This residential land for sale in Wichita, Kansas, serves as a strategic acquisition for developers focusing on single-family housing. Situated near the intersection of 143rd and 21st St, the site benefits from the steady expansion of the local residential market. Wichita remains a key economic hub in the region, supported by a diverse base of manufacturing and aviation employers that drive consistent demand for quality housing inventory. Investors and builders will find the location well-positioned to meet the needs of the growing suburban demographic seeking new construction options in this specific corridor. The parcel provides sufficient space for a residential subdivision, allowing developers to execute a multi-phase build-out plan. Given the proximity to major regional transit routes, the site offers connectivity to the broader metro area while maintaining a residential character. Capitalizing on this residential land opportunity allows for the creation of long-term value through the development of thoughtfully planned housing projects within this evolving suburban environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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