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    Patriot Ave Derby, KS 67037

    For Sale
    Contact for pricing

    Prime Derby, KS development land; B-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 61,872 square foot commercial land parcel presents a unique investment opportunity in Derby, Kansas. Located at the northwest corner of Rock Rd. and 63rd St. S. (Patriot Ave.), this property boasts a B-3 General Business zoning designation, ideal for a wide range of commercial ventures. Situated in a rapidly growing retail area, less than ten minutes south of Wichita (population 389,938), this site benefits from high visibility and convenient access. The property is directly across the street from Derby North Middle School, with an approximate enrollment of 820 students, ensuring consistent foot traffic and community engagement. The area is experiencing significant development, including the recent addition of the 30-bed Rock Regional Hospital and Field Station Dinosaur Park, further enhancing its appeal and potential for future growth. Derby is a progressive community actively fostering self-supporting businesses, encompassing restaurants, entertainment, lodging, and medical services. 2023 taxes for this lot (Lot 9, Block A) are $12.77 general taxes, with special taxes to be determined. This property offers significant potential for investors seeking to capitalize on Derby's thriving commercial landscape. The approximate lot size is 61,872 square feet. The property's strategic location and favorable zoning make it an attractive proposition for a variety of commercial developments.

    Property Features for 0 Patriot Ave

    General Information

    Property type
    Land

    HighLights

    • 61,872 SF commercial land parcel in Derby, KS.
    • B‑3 General Business zoning.
    • Located at NW corner of Rock Rd. & 63rd St. S. (Patriot Ave.), Derby, KS 67037.
    • 2023 Taxes: Lot 9, Block A - General Taxes $12.77, Special Taxes TBD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.244387395752
    Latitude
    37.577240648735

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    FAQs

    What type of property is this?
    Land - Prime Derby, KS development land; B-3 zoning.
    Where is this land located?
    The property is located at Patriot Ave Derby, KS.
    What are key features of this property?
    This property features: 61,872 SF commercial land parcel in Derby, KS.; B-3 General Business zoning.; Located at NW corner of Rock Rd. & 63rd St. S. (Patriot Ave.), Derby, KS 67037.
    (316) 262-6400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Patriot Ave Derby, KS 67037
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