K-15 & Patriot Development Land Derby, KS 67037
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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