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Investment Highlights
- Approximately 156 acres available for residential development.
- Paved frontage along Meridian Avenue.
- Preliminary concept includes single-family and multifamily components.
- Zoned for multifamily residential use.
- Level topography supports future site planning.
- Potential for phased development and lot absorption strategies.
Executive Summary
5900 S Meridian presents an opportunity to acquire approximately 156 acres of residential development land in south Wichita, Kansas. The property is positioned along Meridian Avenue with paved road frontage and a generally level topography, supporting future planning and development activities. Zoned for multifamily use and currently utilized as pastureland, the site offers flexibility for a range of residential development concepts.
The property's preliminary planning vision incorporates a mix of single-family residential lots and multifamily development areas, creating the potential for a diversified residential community. The combination of housing types may support a broader buyer and renter base while allowing developers to phase construction and lot absorption over time. The rectangular configuration provides an efficient layout for internal circulation, infrastructure planning, and community design.
Located within Wichita, the largest city in Kansas, the site benefits from access to the region's employment centers, retail services, educational institutions, and transportation network. Meridian Avenue provides connectivity throughout the metropolitan area, while the surrounding residential growth patterns support long-term housing demand. The property's scale and development potential position it as a candidate for a master-planned residential project designed to accommodate future population and housing needs within the Wichita market.
The property's preliminary planning vision incorporates a mix of single-family residential lots and multifamily development areas, creating the potential for a diversified residential community. The combination of housing types may support a broader buyer and renter base while allowing developers to phase construction and lot absorption over time. The rectangular configuration provides an efficient layout for internal circulation, infrastructure planning, and community design.
Located within Wichita, the largest city in Kansas, the site benefits from access to the region's employment centers, retail services, educational institutions, and transportation network. Meridian Avenue provides connectivity throughout the metropolitan area, while the surrounding residential growth patterns support long-term housing demand. The property's scale and development potential position it as a candidate for a master-planned residential project designed to accommodate future population and housing needs within the Wichita market.
Property Facts
| Price | $3,120,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 156.00 AC |
| Property Type | Land | ||
| Zoning | MF - Multi-Family | ||
| Price | $3,120,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 156.00 AC |
| Zoning | MF - Multi-Family |
1 Lot Available
Lot
| Price | $3,120,000 | Lot Size | 156.00 AC |
| Price Per AC | $20,000.00 |
| Price | $3,120,000 |
| Price Per AC | $20,000.00 |
| Lot Size | 156.00 AC |
156-acre residential development opportunity with paved Meridian Avenue frontage, level topography, multifamily zoning, and potential for a master-planned community featuring single-family and multifamily housing components.
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 219-30-0-31-00-001.00 | Improvements Assessment | $0 |
| Land Assessment | $3,537 | Total Assessment | $3,537 |
Property Taxes
Parcel Number
219-30-0-31-00-001.00
Land Assessment
$3,537
Improvements Assessment
$0
Total Assessment
$3,537
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Contact the Sale Advisor
5900 S Meridian Ave

