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    317 Rock Rd Derby, KS 67037

    Sponsored
    For Lease
    $17 SF/Yr

    High-traffic Derby storefront; excellent visibility.

    Lot size:
    51,726 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at the prominent intersection of Rock Road and Madison in Derby, Kansas. The 51,726-square-foot building sits on a sizable 7.04-acre lot and boasts 388 parking spaces, ensuring ample customer convenience. Currently, 5,390 square feet of space is available for lease, with a minimum divisible unit of 1,500 square feet. The available space is situated on the north side of the building and offers excellent visibility. The property is zoned B-3, General Business District, allowing for a wide range of retail uses. Built in 1992, the center enjoys a strong tenant base including Planet Fitness, Ace Hardware, The Mattress Hub, and Jimmy's Egg, indicating a thriving commercial environment. The immediate area is well-established, with nearby banks, medical offices, restaurants, and Derby High School driving consistent foot traffic. Tenant improvements are not reflected in the lease rate. 2023 property taxes totaled $194,768.28 (general) and $7.11 (special).

    Property Features for 317 Rock Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,726 SF
    Total Rate
    73278.5

    Building Details

    Year Built
    1992

    Unit(s) available at that property

    Space
    North
    Size
    2,690 SF
    Rate per SF
    $17

    HighLights

    • 7.04‑acre site in Derby, Kansas.
    • 51,726‑square‑foot retail building.
    • 2,690 square feet of available space (North), divisible to a minimum of 1,500 square feet.
    • B‑3 General Business District zoning.
    • Built in 1992.
    • 388 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Planet Fitness Gym Jimmys Egg - Derby ... Breakfast Restaurant Westlake Ace Hardware Hardware Store The Mattress Hub Derby, ... Mattress Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.245436365971
    Latitude
    37.548035740706

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic Derby storefront; excellent visibility.
    Where is this individual retail property located?
    The property is located at 317 Rock Rd Derby, KS.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 7.04-acre site in Derby, Kansas.; 51,726-square-foot retail building.; 2,690 square feet of available space (North), divisible to a minimum of 1,500 square feet.
    Request Owner's contact information
    317 Rock Rd Derby, KS 67037
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    Derby, KS 67037
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    Realmo Value Estimation

    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.

    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.

    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
    317 Rock Rd Derby, KS 67037
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