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Property profile & analytics
OFF-MARKET
Land

Derby, KS 67037

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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