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    Property profile & analytics

    201 Madison Ave Derby, KS 67037-1711

    • Retail space
    • 1,200 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 02, 2020
    Location Intelligence
    Property ID
    US33-0654882
    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.

    Current Use by Public Records

    • Tom's Smoker Friendly/Smoke Shop 5 / Tobacco Shop

    Property Details for 201 Madison Ave

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.30 lot acres
    Property size
    1,200 SF
    Property type
    Retail space
    APN
    087-241-12-0-12-02-002.00
    APU
    87241120120200200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2684
    Latitude
    37.5477
    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
    $6,979
    $16,425
    $33,595
    $50,020
    -
    $65,700
    $134,380
    $200,080

    Comparable in this City

    • Value Estimation
      $690,000
      9,892 SF

      1930 Rock Rd, Unit 600

      RETAIL STORES (PERSONAL SERVICES) • 9,892 SF
      1930 Rock Rd, Derby, KS 67037-3715
      View Details
    • Value Estimation
      $255,000
      0.18 Acres

      Derby, KS 67037

      RETAIL STORES (PERSONAL SERVICES) • 0.18 Acres
      Derby, KS 67037
      View Details
    • Value Estimation
      $270,000
      0.21 Acres

      Derby, KS 67037

      RETAIL STORES (PERSONAL SERVICES) • 0.21 Acres
      Derby, KS 67037
      View Details
    • Value Estimation by Request
      1,352 SF

      228 Baltimore Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,352 SF
      228 Baltimore Ave, Derby, KS 67037-1602
      View Details
    • Value Estimation by Request
      2,736 SF

      300 Baltimore Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,736 SF
      300 Baltimore Ave, Derby, KS 67037-1407
      View Details
    • Value Estimation by Request
      0.09 Acres

      215 Baltimore Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      215 Baltimore Ave, Derby, KS 67037
      View Details

    Similar Nearby for Sale

    • $310,000
      2,400 SF

      Retail Building with Flex Rooms

      Retail building featuring flex rooms, break room, and storage area.
      421-423 E Madison Ave, Derby, KS 67037
      View Details
    • $1,384,250

      Leased Retail Strip Center

      Fully leased retail strip center in a prime Derby location.
      320 N Rock Rd, Derby, KS 67037
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    • $310,000
      2,400 SF

      Derby Retail Investment Opportunity

      KS Retail Building, $310,000
      421 Madison Ave, Derby, KS 67037
      View Details
    • $1,245,000

      High Volume Retail Center

      Retail center with NNN leases and diverse tenant mix.
      613-619 N Rock Rd, Derby, KS 67037
      View Details
    • Contact for pricing
      0.98 Acres

      Derby Development Land Opportunity

      KS Land: Medical, Office, Retail
      63 63Rd St, Derby, KS 67037
      View Details
    • $3,000,000
      8,305 SF

      Derby Marketplace Shopping Center

      Shopping center with drive-thru end cap in Derby, Kansas.
      1906 N Rock Rd, Derby, KS 67037
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      1,687 SF

      Retail Space in Derby Marketplace

      Retail space available in established Derby Marketplace shopping center.
      1930-1942 N Rock Rd, Derby, KS 67037
      View Details
    • $16 SF/Yr
      3,000 SF

      Retail Space with Ample Parking

      Retail space with great visibility and flexible interior layout.
      1861 E Madison Ave, Derby, KS 67037
      View Details
    • $24 SF/Yr
      14,700 SF

      Derby Retail Center - Rock Road

      High-traffic retail space, 7 suites, ample parking.
      2307 Rock Rd, Derby, KS 67037
      View Details
    • $0.90 SF/Yr
      1,400 SF

      Derby Commercial Space For Lease

      3,800 SF industrial/retail suite in high-traffic Derby location.
      2142 Nelson Dr, Derby, KS 67037
      View Details
    • $3,500 /Mo
      1,720 SF

      Retail Space with Showroom

      Retail space featuring a showroom, shop area, and unfinished basement.
      2012 Nelson Dr, Derby, KS 67037
      View Details
    • $17 SF/Yr
      51,726 SF

      Derby Retail Center: Prime Space Available

      High-traffic Derby storefront; excellent visibility.
      317 Rock Rd, Derby, KS 67037
      View Details
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    201 Madison Ave
    Derby, KS 67037-1711
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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
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