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Property profile & analytics
OFF-MARKET
Estimated value
$3,985,000
Strip malls
1912 Rock Rd Derby, KS 67037-3715
Entity Owned
Absentee Owner
Free & Clear
Property ID
US33-0310489
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
45,498 SF
Lot
10.02 ac (436,471 SF)
APN
087-229-32-0-32-02-008.00
UPID
US33-0310489
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
-
Petco Vaccination Clinic Veterinary Clinic
-
fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
-
Petco Dog Training Animal Training
-
Petco (Bike/Boat/Book/etc) Store Pet Store
-
Petco Grooming Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.29M
Blend (final)
Blend
$3.99M
Owner & transaction history
SILVER DERBY LLC
SILVER DERBY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.1M
+129.4%
Restaurant
$5.6M
+108.5%
Retail stores
$4.8M
+78.4%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,665,000
Current use
OFFICE BUILDING
$6,115,000
Change: +129% · Conversion: Moderate
RESTAURANT
$5,555,000
Change: +108% · Conversion: Difficult
RETAIL STORES
$4,750,000
Change: +78% · Conversion: Easy
WAREHOUSE, STORAGE
$4,205,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,995,000
Change: +50% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,920,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$3,175,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$3.99M
Range $3.59M – $4.38M · ±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
$88 / 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
$367,097
Tax year 2023
Assessed value
$2,623,650
Assessed 2024
Previous assessed
$2,398,775
+9.4% YoY
Effective rate
13.99%
On assessed value
Assessed land
$436,450
Assessed improvement
$2,187,200
Land market value
$1,745,800
Improvement market value
$8,748,800
Total market value
$10,494,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
45,498 SF
Lot
10.02 ac (436,471 SF)
APN
087-229-32-0-32-02-008.00
UPID
US33-0310489
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.7M
OFFICE BUILDING
Est. value
$6.1M
RESTAURANT
Est. value
$5.6M
RETAIL STORES
Est. value
$4.8M
WAREHOUSE, STORAGE
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
2008
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
10.02 ac
Current owner
From public records · entity-resolved
SILVER DERBY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
333 S BROADWAY AVE, WICHITA, KS 67202-4300
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.
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