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DERBY RETAIL – INVESTMENT OPPORTUNITY 421 E Madison Ave 2,400 SF Vacant Retail Building Derby, KS 67037 $280,000 ($116.67/SF)
Investment Highlights
- Three flex rooms, a break room and a storage area.
- Street and building signage.
- Two HVAC systems.
- Front and rear parking with improved pavement.
Executive Summary
Building can be demised into two space for owner use and leasing.
Great visibility and easy access from K-15/Baltimore.
Close proximity to Madison Avenue Central Park, Derby City Hall and Westview Retirement Center.
Great visibility and easy access from K-15/Baltimore.
Close proximity to Madison Avenue Central Park, Derby City Hall and Westview Retirement Center.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
B
Year Built
1968
Price
$280,000
Price Per SF
$116.67
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.26
Lot Size
0.21 AC
Zoning
B4 - Central Business District
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 241-12-0-11-02-003.00 | Total Assessment | $41,125 |
| Land Assessment | $13,075 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $28,050 | Tax Year | 2025 |
Property Taxes
Parcel Number
241-12-0-11-02-003.00
Land Assessment
$13,075
Improvements Assessment
$28,050
Total Assessment
$41,125
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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DERBY RETAIL – INVESTMENT OPPORTUNITY | 421 E Madison Ave
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