Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    711 N Baltimore Ave Derby, KS 67037

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $6,200 /Mo ($16 SF/Yr)

    4,532 SF retail space for lease in Derby, Kansas.

    Property size:
    4,532 SF
    Lot size:
    4,532 SF

    Property Features for 711 N Baltimore Ave

    General Information

    Size
    4,532 SF

    Building Details

    Year built
    1954

    We can help!

    Listing Contact
    Johanna Kellner-Ledesma
    Source: Sperrycga

    Listing Agent: Johanna Kellner-Ledesma

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Retail Space in Derby

    Located at 711 N Baltimore Avenue in Derby, Kansas, this retail space offers convenient highway access to nearby towns. The property is positioned along a well-traveled corridor near K-15, ensuring easy access and strong traffic flow. The available space totals 4,532 SF and can be divided into 2–3 separate spaces to meet specific size and layout needs. The property features modern updates, large storefront windows, and an open interior layout, providing an adaptable footprint for various business types. It is situated in a developing part of Derby, surrounded by established businesses and residential neighborhoods. The location, size, and layout offer excellent potential for a taproom or brewpub. The site supports a wide range of retail or service concepts and is suitable for operators seeking a well-known commercial address.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2709357
    Latitude
    37.5495711

    Nearby Similar for Lease

    • $12 SF/Yr
      10,000 SF

      Derby Town Center Retail Space

      10,000 SF retail space in Derby Town Center.
      200-260 W Greenway St, Derby, KS 67037
      View Details
    • $0.90 SF/Yr
      1,400 SF

      Derby Commercial Space For Lease

      3,800 SF industrial/retail suite in high-traffic Derby location.
      2142 Nelson Dr, Derby, KS 67037
      View Details
    • $12 SF/Yr
      1,000 SF

      Derby Office Space Available

      Well-maintained 1,000 SF office space in Derby, Kansas.
      141 E Kay St, Derby, KS 67037
      View Details
    • $16 SF/Yr
      1,687 SF

      Retail Space in Derby Marketplace

      Retail space available in established Derby Marketplace shopping center.
      1930-1942 N Rock Rd, Derby, KS 67037
      View Details
    • $25 SF/Yr
      5,317 SF

      Prime Derby Retail Space

      New Class A Retail Center in Derby, KS
      2901 Rock Rd, Derby, KS 67037
      View Details
    • $25 SF/Yr
      25,870 SF

      Derby Medical Office Space For Lease

      Class A medical office suites, 2,416-5,215 SF available.
      1635 Freedom St, Derby, KS 67037
      View Details
    • $24 SF/Yr
      14,700 SF

      Derby Retail Center - Rock Road

      High-traffic retail space, 7 suites, ample parking.
      2307 Rock Rd, Derby, KS 67037
      View Details
    • $18 SF/Yr
      15,200 SF

      Derby Marketplace Retail Space

      High-visibility retail space in prime Derby location.
      1636 Rock Rd, Derby, KS 67037
      View Details
    • $18 SF/Yr
      3,460 SF

      Retail Space in Derby Marketplace

      Retail space in a desirable Derby shopping location.
      1636 N Rock Rd, Derby, KS 67037
      View Details
    • Contact for pricing
      6,600 SF

      Derby Retail Center: Prime Leasing Opportunity

      High-visibility retail space; 5,000 sq ft available.
      818 Meadowlark Rd, Derby, KS 67037
      View Details
    • $249 SF/Yr
      400 SF

      Renovated Offices in Derby

      Individual office spaces available for lease in Derby, Kansas.
      330 E Madison Ave, Derby, KS 67037
      View Details
    • $17 SF/Yr
      51,726 SF

      Derby Retail Center: Prime Space Available

      High-traffic Derby storefront; excellent visibility.
      317 Rock Rd, Derby, KS 67037
      View Details

    FAQs

    What type of property is this?
    Retail space - 4,532 SF retail space for lease in Derby, Kansas.
    Where is this retail space located?
    The property is located at 711 N Baltimore Ave Derby, KS.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on a busy corridor with high visibility and strong traffic flow near K-15.; - Adaptable **4,532 SF space divisible into 2-3 units** with flexible leasing options.; - Modern design with updated finishes, large display windows, and an open floor plan.
    (316) 312-3385
    Request Owner's contact information
    711 N Baltimore Ave Derby, KS 67037
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    711 N Baltimore Ave
    Derby, KS 67037
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    711 N Baltimore Ave Derby, KS 67037
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Johanna Kellner-Ledesma
    Real Estate License ID: KS #244521
    (316) 312-3385
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.