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    K-15 & Patriot Development Land Derby, KS 67037

    For Sale
    $600,000

    Prime 105,039 SF Commercial Lot, B-5 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 105,039 square foot commercial land parcel is strategically located in Derby, Kansas, at the southeast corner of K-15 and Patriot Avenue. Currently zoned B-5, this property boasts 210 feet of frontage and offers significant development potential. All utilities are readily available on-site. The asking price is $600,000. This site presents a unique opportunity due to its prime location at a signalized intersection, serving as a gateway to a planned business park and providing additional access to a proposed Menard's. The property's high visibility is further enhanced by a daily traffic count of 10,790 vehicles per day at the intersection of Patriot and Southeast Boulevard. While approximately 71,000 square feet are considered usable land area, the seller is open to ground leasing or build-to-suit options. Annual property taxes are $4,446. Please note that APZ-11 restrictions apply. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes. The proposed K-15 Development Plan will significantly increase the value and desirability of this already prime location.

    Property Features for K-15 & Patriot Development Land

    General Information

    Property type
    Land

    HighLights

    • $600,000 asking price for 105,039 SF of commercial land.
    • B‑5 zoning in Derby, KS.
    • Located at the SEC of K‑15 & Patriot Development Land, with 210' of frontage.
    • All utilities available on‑site; will ground lease or build‑to‑suit.
    • High traffic counts (10,790 vehicles per day at Patriot and Southeast Blvd).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2005806
    Latitude
    37.568069

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    FAQs

    What type of property is this?
    Land - Prime 105,039 SF Commercial Lot, B-5 Zoning
    Where is this land located?
    The property is located at K-15 & Patriot Development Land Derby, KS.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price for 105,039 SF of commercial land.; B-5 zoning in Derby, KS.; Located at the SEC of K-15 & Patriot Development Land, with 210' of frontage.
    (316) 262-2442
    Request Owner's contact information
    K-15 & Patriot Development Land 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

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    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
    K-15 & Patriot Development Land Derby, KS 67037
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