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Property profile & analytics
OFF-MARKET
Land

K-15 & Patriot Development Land Derby, KS 67037

Property ID
Property summary
AI-generated overview

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 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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