Derby, KS 67037
This exceptional 84,233 square foot land parcel presents a unique investment opportunity at the northeast corner of Woodlawn and Meadowlark in Derby, Kansas. Zoned Institutional-1, this hard corner location offers significant potential for a variety of commercial and residential developments. The asking price is $420,000, translating to approximately $5.00 per square foot. Situated just one mile west of Derby Marketplace, a prominent retail shopping center, this site benefits from high visibility and convenient access to a thriving commercial area. The surrounding neighborhood includes established businesses such as The Dermatology Clinic, Advanced Physical Therapy, and Family Health Center, indicating a strong and diverse local market. This property's size and zoning make it suitable for retail, medical, office, or senior living projects, offering investors a versatile platform for development. The location in Sedgwick County, Kansas, with a zip code of 67037, provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial land parcel in a prime Derby location with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.