0 Rock Rd & Patriot Ave Derby, KS 67037
This exceptional 97,287 square foot development land parcel presents a unique investment opportunity in Derby, Kansas. Situated at the intersection of Rock Rd and Patriot Avenue, this property benefits from its strategic location within a rapidly expanding retail corridor, less than ten minutes from Wichita. The area is experiencing significant growth, evidenced by recent additions such as the 30-bed Rock Regional Hospital and Field Station Dinosaur Park. Derby is actively fostering a self-sufficient business environment, attracting restaurants, entertainment venues, lodging establishments, and medical facilities. The property's convenient proximity to major employers like Spirit Aerospace and McConnell Air Force Base further enhances its appeal. Currently featuring concrete paving and striping suitable for parking, the seller is open to negotiating the removal of this existing infrastructure to suit the buyer's development plans. This General Business zoned lot offers substantial potential for a variety of commercial ventures, capitalizing on Derby's thriving economy and strategic location in Sedgwick County, Kansas, zip code 67037. The property's size and location make it ideal for a range of development projects, promising significant returns for the discerning investor. This is a rare opportunity to acquire a prime piece of land in a high-growth area with excellent access to major transportation routes and a strong local economy.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.