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    Property profile & analytics

    2425 Newberry St, Unit 1101 Derby, KS 67037-4401

    • Garden apartment buildings
    • 81,872 SF
    • 7.66 lot acres
    OFF-MARKET
    Value Estimation
    $1,240,000
    Location Intelligence
    Property ID
    US33-0424861
    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

    • Garden apartment buildings

    Property Details for 2425 Newberry St

    Year built
    2009
    Construction
    FRAME
    Lot size
    7.66 lot acres
    Property size
    81,872 SF
    Property type
    Garden apartment buildings
    APN
    087-229-31-0-11-03-002.00
    APU
    87229310110300200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,220,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,355,000
      6.5%
      $1,600,000
      7%
      $1,385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,410,000
      Geo Method
      $1,655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,515,000
      Retail
      $1,395,000
      Mixed-Use
      $1,635,000
      Hospitality
      $1,420,000
      Educational
      $1,295,000
      Residential Income
      $1,530,000
      Energy
      $1,470,000
      Income-Based Land
      $1,540,000
      Food Service
      $1,660,000

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2474
    Latitude
    37.5733
    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
    $187,538
    $38,376
    $1,079,816
    $1,118,192
    -
    $333,700
    $9,389,700
    $9,723,400

    Comparable in this City

    • Value Estimation by Request
      23,166 SF

      400 Woodlawn Blvd, Unit 101

      GARDEN APT, COURT APT (5+ UNITS) • 23,166 SF
      400 Woodlawn Blvd, Derby, KS 67037-2252
      View Details
    • Value Estimation by Request
      9,616 SF

      718 Klein Cir

      GARDEN APT, COURT APT (5+ UNITS) • 9,616 SF
      718 Klein Cir, Derby, KS 67037-7015
      View Details
    • Value Estimation
      $325,000
      1,625 SF

      1508 Community Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,625 SF
      1508 Community Dr, Derby, KS 67037-3013
      View Details
    • Value Estimation
      $725,000
      26,547 SF

      430 Derby Ave, Unit 100

      GARDEN APT, COURT APT (5+ UNITS) • 26,547 SF
      430 Derby Ave, Derby, KS 67037-1733
      View Details
    • Value Estimation
      $320,000
      1,625 SF

      1504 Community Dr

      GARDEN APT, COURT APT (5+ UNITS) • 1,625 SF
      1504 Community Dr, Derby, KS 67037-3013
      View Details
    • Value Estimation
      $365,000
      4,512 SF

      1038 Kay St

      GARDEN APT, COURT APT (5+ UNITS) • 4,512 SF
      1038 Kay St, Derby, KS 67037-2209
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $25 SF/Yr
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      View Details
    • $10 SF/Yr
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      High-visibility retail space, highway access.
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    • Contact for pricing
      217,800 SF

      Derby Retail Development Opportunity

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    • $20 SF/Yr
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      Class A Office Space Available

      Office space for lease in Derby, Kansas near Rock Road.
      1719 Cambridge St, Derby, KS 67037
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    • $25 SF/Yr
      25,870 SF

      Derby Medical Office Space For Lease

      Class A medical office suites, 2,416-5,215 SF available.
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      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
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    Derby, KS 67037-4401
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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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