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    2 Cedar Ranch Ct Derby, KS 67037

    For Sale
    $63,000

    Prime Derby, KS commercial lot; excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.92-acre commercial lot, identified as Lot 15, Block E, Phase 2 of Cedar Ranch, presents a unique investment opportunity in Derby, Kansas. Located at 67037, with APN 30010-825, this property boasts a strategic position one mile east of Rock Road, nestled between Webb and Greenwich Roads, just south of Madison (79th St S). The asking price is $63,000, translating to $68,478.26 per acre. The land is part of the Cedar Ranch Estates development, a planned community featuring homes built by five reputable area builders: Prairie Construction, Fahsholtz Construction, Bob Cook Homes, a&e Construction, and M&M Construction. This prime location offers easy access to Derby's award-winning schools and the city's amenities while providing the spacious feel of larger country lots. The address is Lot 15 Blk E Ph 2 Cedar Ranch, Derby, KS. This presents a rare chance to acquire a well-situated commercial parcel in a thriving community with strong potential for future growth and development. The property's convenient location and proximity to established infrastructure make it an ideal site for a variety of commercial ventures. Don't miss this opportunity to secure a piece of Derby's vibrant commercial landscape.

    Property Features for 2 Cedar Ranch Ct

    General Information

    Property type
    Land
    Lot Size
    40,075 SF

    HighLights

    • $63,000 asking price for this commercial land parcel.
    • 0.92‑acre lot located in Derby, Kansas.
    • $68,478.26 per acre land value.
    • Property located at Lot 15 Blk E Ph 2 Cedar Ranch, Derby, KS 67037 (APN: 30010‑825).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Accounting Firm Garden Center Bakery Nursing Home Assisted Living Facility Senior Center Adult Day Care Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2203893
    Latitude
    37.5442696

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    FAQs

    What type of property is this?
    Land - Prime Derby, KS commercial lot; excellent location.
    Where is this land located?
    The property is located at 2 Cedar Ranch Ct Derby, KS.
    What is the asking price?
    The asking price for this property is $63,000.
    What are key features of this property?
    This property features: $63,000 asking price for this commercial land parcel.; 0.92-acre lot located in Derby, Kansas.; $68,478.26 per acre land value.
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    2 Cedar Ranch Ct Derby, KS 67037
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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
    2 Cedar Ranch Ct Derby, KS 67037
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