1221 Rock Rd, Derby, KS 67037-3678
- Strip malls
- 9,664 SF
- 0.94 lot acres
Current Use by Public Records
- Amber Harris, LCMFT / Counselor
- Mrs. Kimberly Davis / Marriage Or Relationship Counselor
- Life Anchor Counseling LLC / Crisis Center / Medical Clinic
- The Rock Counseling / Marriage Or Relationship Counselor / Counselor
- Hatching Ideas / Marketing & Advertising / (Bike/Boat/Book/etc) Store
Property Details for 1221 Rock Rd
- Year built
- 2006
- Lot size
- 0.94 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 087-233-06-0-14-04-003.00
- APU
- 87233060140400300
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 22, 2020 | — | Asem Development LLC | — | Deed · related | $1.1M · Rcb Bank |
Description
This exceptional restaurant opportunity encompasses a substantial 6,464 square feet of retail space in Sedgwick County, Kansas. The property is ideally suited for a multi-tenant operation, offering ample room for diverse culinary concepts or a large-scale establishment. Recent improvements include a fresh coat of paint throughout and a brand-new roof installed in 2024, ensuring a move-in ready condition for prospective tenants. The location benefits significantly from its proximity to a major development project: a new lagoon waterpark, currently under construction just 1.5 miles south. This exciting development promises increased foot traffic and heightened visibility for businesses in the immediate area. Derby, Kansas itself is experiencing robust population growth, with an average yearly increase of 0.73% since 2021, reaching 25,939 residents as of 2023. This upward trend indicates a strong and expanding market for food and beverage services. Further enhancing the property's appeal is the availability of prominent monument signage on Rock Road, providing excellent brand exposure and attracting potential customers. This turnkey restaurant space presents a compelling investment opportunity in a thriving community poised for continued expansion. The property's size, recent renovations, and strategic location combine to create an exceptional offering for discerning restaurateurs.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $575,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $514,000
Market price range: $402k - $698k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $565,000 Current use
- WAREHOUSE, STORAGE
- $895,000 Change: +58% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $850,000 Change: +50% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $835,000 Change: +47% Conversion: Difficult
- MEDICAL BUILDING
- $675,000 Change: +19% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Derby
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.2449
- Latitude
- 37.5578
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
