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Property profile & analytics
FOR LEASE
Medical Office Space
1719 E Cambridge St Derby, KS 67037
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0836755
For Lease
1 / 12
$20 SF/Yr
1719 E Cambridge St, Derby, KS 67037
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Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2017
Total area
8,219 SF
Lot
1.07 ac (46,609 SF)
APN
087-229-31-0-11-02-001.00
UPID
US33-0836755
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
PEEYUSH GROVER Physician
-
Shilpa Kshatriya, MD Physician
-
ZAHER FANARI Physician
-
Husam Bakdash, MD Physician
-
Hussam Farhoud, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$803k
Blend (final)
Blend
$675k
Owner & transaction history
SUMMIT DERBY LLC
SUMMIT DERBY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+92.6%
Restaurant
$1.0M
+75.0%
Retail stores
$860,000
+49.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Derby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Derby submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$575,000
Current use
OFFICE BUILDING
$1,105,000
Change: +93% · Conversion: Easy
RESTAURANT
$1,005,000
Change: +75% · Conversion: Difficult
RETAIL STORES
$860,000
Change: +50% · Conversion: Difficult
WAREHOUSE, STORAGE
$760,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$710,000
Change: +24% · Conversion: Moderate
COMMERCIAL (GENERAL)
$495,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$72,221
Tax year 2023
Assessed value
$493,170
Assessed 2024
Previous assessed
$458,445
+7.6% YoY
Effective rate
14.64%
On assessed value
Assessed land
$146,775
Assessed improvement
$346,395
Land market value
$587,100
Improvement market value
$1,385,580
Total market value
$1,972,680
Applied tax rate
5,602.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2017
Heating
ELECTRIC
Cooling
AC.PACKAGE
Stories
1
Total area
8,219 SF
Lot
1.07 ac (46,609 SF)
APN
087-229-31-0-11-02-001.00
UPID
US33-0836755
Jurisdiction
SEDGWICK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$575,000
OFFICE BUILDING
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$860,000
WAREHOUSE, STORAGE
Est. value
$760,000
AUTO REPAIR, GARAGE
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$495,000
MEDICAL BUILDING Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
ELECTRIC
Cooling
Yes
Stories
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
SUMMIT DERBY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
3535 N WEBB RD, WICHITA, KS 67226-8127
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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