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    339 Us-24 Downs, KS 67437

    • Retail properties
    • 6,120 SF
    • 1.84 lot acres
    For Sale
    View listing
    $249,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 339 Us-24

    Year built
    1962
    Lot size
    1.84 lot acres
    Property size
    6,120 SF
    Property type
    Retail properties
    Property subtype
    Bars

    Description

    This 6,120 square foot, single-story building, situated on a 1.84-acre lot in Downs, Kansas, presents a unique investment opportunity. Built in 1962, this fee-simple property is zoned for commercial/retail use and is currently vacant. The asking price is $249,500, translating to $40.77 per square foot. The property includes a fully equipped bowling alley with modern lanes, scoring machines, and related equipment. Additional features include a bar, kitchen, dressing/locker rooms, and a game room with ample seating. Located at 339 US-24, Downs, KS 67437, this property benefits from its proximity to Waconda Lake, catering to a community with strong hunting and fishing ties. All furnishings and equipment are included in the sale. The property's APN is 0710182801003003000. This is an owner/user investment opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Downs
    County
    Osborne
    State
    Kansas
    Longitude
    -98.5523
    Latitude
    39.5087

    Comparable in this City

    • Value Estimation by Request
      1,910 SF

      618 Morgan Ave

      RESTAURANT • 1,910 SF
      618 Morgan Ave, Downs, KS 67437-2021
      View Details
    • Value Estimation by Request
      1,200 SF

      351 Hwy 24

      CAR WASH • 1,200 SF
      351 Hwy 24, Downs, KS 67437
      View Details
    • Value Estimation by Request
      2,400 SF

      922 Morgan Ave

      AUTO REPAIR, GARAGE • 2,400 SF
      922 Morgan Ave, Downs, KS 67437-1626
      View Details
    • Value Estimation by Request
      3,684 SF

      622 Morgan Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,684 SF
      622 Morgan Ave, Downs, KS 67437-2021
      View Details
    • Value Estimation by Request
      4,008 SF

      200 Morgan Ave

      AUTO REPAIR, GARAGE • 4,008 SF
      200 Morgan Ave, Downs, KS 67437
      View Details
    • Value Estimation by Request
      1,135 SF

      808 Morgan Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,135 SF
      808 Morgan Ave, Downs, KS 67437-1650
      View Details
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    339 Us-24
    Downs, KS 67437
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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