330 E Madison Ave Derby, KS 67037
- Banks
- 10,760 SF
- 0.67 lot acres
Current Use by Public Records
- Evergy / Electric Utility Company / Energy Supplier
- Muscle Focus Orthopedic Massage Therapy, Cindy Kaup, MT, OMT / Massage Therapist
- Rod Myers - Horace Mann Insurance Co. / Insurance Agency
- 316 Christian Counseling / Counselor
- The Valley State Bank / Mortgage Lender / Bank
Property Details for 330 E Madison Ave
- Year built
- 1976
- Construction
- FRAME
- Lot size
- 0.67 lot acres
- Property size
- 10,760 SF
- Property type
- Banks
- APN
- 087-241-01-0-43-08-007.00
- APU
- 87241010430800700
Description
This exceptional investment opportunity presents a 17,440-square-foot multi-tenant office building situated on a 29,185-square-foot lot in Derby, Kansas. Built in 1976, the property boasts a prime location just east of the historic Baltimore (K-15) retail and commercial corridor, ensuring easy accessibility to the entire Derby metro area. The building benefits from excellent visibility along the Madison Avenue corridor and features a prominent monument sign. Ample parking is available for tenants and visitors. The property is currently anchored by The Valley State Bank, providing a stable and reliable tenant base. The asking price is $689,000, translating to $39.51 per square foot. This traditional office building presents a strong investment opportunity for owner-users seeking a well-located and established property in a thriving Kansas community. The property's size, location, and existing tenant provide a solid foundation for future growth and profitability. This is a rare chance to acquire a well-established commercial property in a desirable area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Derby
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.2671
- Latitude
- 37.5483
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
