Current Use by Public Records
- Land
Property Details for 8400 87Th St
- Lot size
- 55.00 lot acres
- Property type
- Land
Description
This exceptional 55-acre parcel in Derby, Kansas, presents a unique investment opportunity. Located at 8400 E 87th St S, 67037, this property is ideally situated in the Dove Hollow Addition at the intersection of 87th and Rock Road. The land is zoned R1 Single Family Residential, allowing for the development of 119 single-family home lots. Each lot is platted and ready for immediate development, eliminating significant pre-development hurdles. The asking price for the entire 55-acre tract is $2,975,000, translating to an approximate price of $54,000 per acre. Individual lot prices are set at $25,000. This prime location offers excellent access to major roadways and amenities, making it highly attractive to homebuyers. The existing infrastructure and zoning make this a turnkey project for developers seeking a profitable residential development venture in a thriving Kansas community. Detailed plat maps and further information are available upon request. This is a rare opportunity to acquire a substantial, ready-to-develop residential land parcel in a desirable location. Don't miss this chance to capitalize on the strong demand for housing in the Derby area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Derby
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.239
- Latitude
- 37.5336
