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Property profile & analytics
OFF-MARKET
Land

63rd St. Derby, KS 67037

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre property presents a unique investment opportunity in the thriving Derby, Kansas area. Located at the intersection of Rock Road and 63rd Street South, this land boasts a strategic location just east of the southeast section, offering convenient access to major thoroughfares. Currently zoned RR, the property is suitable for a variety of uses, including agricultural, commercial, and residential development. A significant portion, approximately 29 acres, is immediately available, with the seller open to negotiating both the final acreage and the configuration to meet specific buyer needs. The site benefits from high visibility and traffic counts, with over 30,000 vehicles passing daily on Rock Road in 2022. Its proximity to the rapidly expanding city of Derby (just 10 minutes south of Wichita, population 392,000) and McConnell Air Force Base provides exceptional growth potential. Nearby amenities include the Derby Market Place and the new Derby North Middle School. The asking price is $2,722,500, with a land value of $2.50 per square foot. 2022 property taxes totaled $330.40. This is a rare chance to acquire a substantial parcel of land in a high-growth area with flexible development options.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 SF)
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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