221 MarketDerby, KS 67037

  • Office properties
  • 6,880 SF
Off market
$2,905,360 Estimated

Property Details for 221 Market

Year built
1970
Construction
STEEL FRAME
Lot size
0.29 AC
Property size (Sq ft)
6,880 SF
Property type
Office properties
APN
087-241-12-0-24-01-004.00-A
APU
087241120240100400A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,185,344
    6.5%
    $1,094,164
    7%
    $1,016,009
  • Comparable approach

    Method
    Valuation
    Relative Method
    $827,802
    Geo Method
    $827,802
  • Alternative Use

    Use
    Valuation
    Residential
    $1,356,763
    Hospitality
    $1,242,787
    Educational
    $1,033,985
    Medical
    $1,069,545
    Retail
    $1,608,420

Location Insight

City
Derby
County
Sedgwick
State
Kansas
Latitude
37.544
Longitude
-97.2725
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
$6,980
$2,225
$58,758
$60,983
-
$8,900
$235,030
$243,930

FAQs

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