801 Riv St Derby, KS 67037-1511
This exceptional 4,196 square foot commercial property, located in Derby, Kansas's West End Business District at 801 N River St, 67037, presents a unique opportunity. The property features a spacious shop area with 12-foot ceilings, a separate office, and a storage room. Included in the sale are various assets such as a pressure washer, air compressor, security system, TVs, a four-line phone station, and office furniture. The building boasts wood frame construction with steel finishing. The property also benefits from a gated back lot with newly installed asphalt and striping, enhancing security and accessibility. Both the shop and office have their own wells with separate water meters, providing efficient water management. A significant advantage is the availability of an adjacent one-acre lot through the City of Derby, subject to their rules and regulations. This property is situated in a thriving commercial area, surrounded by established businesses including BG Automotive, Taco Tico, Dairy Queen, Gambinos Pizza, Dollar General, Walgreens, Subway, and Riverside Cafe. The asking price is $560,000, representing a price per square foot of $133.46. This Class B, vacant office space (Creative Office, GENERAL subtype) sits on a 43,586 square foot lot and presents a compelling investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.