Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    121 Water St Derby, KS 67037-1512
    Back to Search
    Property profile & analytics

    121 Water St, Derby, KS 67037-1512

    View on Map

    • Warehouses
    • 2,036 SF
    • 0.29 lot acres
    Off-Market
    Property ID
    US33-0199278
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Therapeutic Alliance Group / Medical Clinic
    • Bob Cook Homes / Construction Company / General Contractor

    Property Details for 121 Water St

    Year built
    1998
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    087-241-12-0-24-04-002.00
    APU
    87241120240400200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 16, 2026 $525,350 Sunroom LLC Bob Cook Homes LLC Warranty Deed $395k · Emprise Bank

    Description

    This exceptional Derby, KS office building presents a unique investment opportunity. Located on a 0.61-acre lot at 121 S Water St, this property offers a total of 2,936 square feet of versatile space. The main floor encompasses over 2,000 square feet of finished office space, featuring a welcoming reception area, three private offices, and a sizable meeting room, perfect for client interactions and team collaborations. A finished basement provides an additional 900 square feet, ideal for storage or expansion. Adding to its functionality is a separate 2,500 square feet of shop space, offering significant potential for various business uses. Two bathrooms cater to the needs of staff and visitors. The property also boasts a substantial 30 x 40 heated garage, equipped with a standard garage door and two additional access points, providing ample parking for up to six vehicles. Its convenient location next to Warren River View Park offers a blend of accessibility and a tranquil setting. This property is ready for immediate occupancy and presents a rare opportunity to acquire a well-designed and spacious commercial space in a desirable Derby location. The combination of office, shop, and ample parking makes this an ideal property for a variety of businesses seeking a prominent presence in the heart of Derby.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2731
    Latitude
    37.5428
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,387
    $1,800
    $75,685
    $77,485
    -
    $7,200
    $302,740
    $309,940
    More about this property
    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