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    317 N Rock Rd Derby, KS 67037

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    317 N Rock Rd Derby, KS 67037


    • Strip malls
    • 52,551 SF
    • 7.04 lot acres
    Prime Retail Location in Derby For Lease
    $1,960,000
    2,690 SF

    Prime Retail Location in Derby

    Retail space available in high-traffic Derby location near schools.

    317 N Rock Rd, Derby, KS 67037
    View Listing
    Property ID
    US33-0488915
    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.

    Value Estimations
    $1,960,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Planet Fitness / Gym & Fitness Center
    • Jimmys Egg - Derby KS / Restaurant
    • Westlake Ace Hardware / Building Supply / Hardware & Home Improvement
    • The Mattress Hub Derby, KS / Furniture & Home Goods

    Property Details for 317 N Rock Rd

    Year built
    1992
    Construction
    FRAME
    Lot size
    7.04 lot acres
    Property size
    52,551 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    087-233-07-0-11-01-001.01
    APU
    87233070110100101

    Description

    This exceptional retail opportunity is located at the prominent intersection of Rock Road and Madison in Derby, Kansas. The 51,726-square-foot building sits on a sizable 7.04-acre lot and boasts 388 parking spaces, ensuring ample customer convenience. Currently, 5,390 square feet of space is available for lease, with a minimum divisible unit of 1,500 square feet. The available space is situated on the north side of the building and offers excellent visibility. The property is zoned B-3, General Business District, allowing for a wide range of retail uses. Built in 1992, the center enjoys a strong tenant base including Planet Fitness, Ace Hardware, The Mattress Hub, and Jimmy's Egg, indicating a thriving commercial environment. The immediate area is well-established, with nearby banks, medical offices, restaurants, and Derby High School driving consistent foot traffic. Tenant improvements are not reflected in the lease rate. 2023 property taxes totaled $194,768.28 (general) and $7.11 (special).


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,215,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,710,000
      Market price range: $2.19M - $3.80M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,075,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.2454
    Latitude
    37.5471
    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
    $194,775
    $380,475
    $1,038,400
    $1,418,875
    -
    $1,521,900
    $4,153,600
    $5,675,500
    View Listing
    More about this property
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