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    Property profile & analytics

    120 3rd St Madison, KS 66860-9549

    • Retail space
    • 7,000 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-1279006
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Ranch Bar and Grill / Bar

    Property Details for 120 3rd St

    Year built
    1923
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    7,000 SF
    Property type
    Retail space
    APN
    024-18-0-20-01-019.00-0
    APU
    241802001019000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Greenwood
    State
    Kansas
    Longitude
    -96.1356
    Latitude
    38.1382

    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
    2022
    $624
    $89
    $10,183
    $10,272
    -
    $770
    $88,550
    $89,320

    Comparable in this City

    • Value Estimation by Request
      2,610 SF

      118 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 2,610 SF
      118 3rd St, Madison, KS 66860-9549
      View Details
    • Value Estimation by Request
      1,535 SF

      107 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,535 SF
      107 3rd St, Madison, KS 66860
      View Details
    • Value Estimation by Request
      1,260 SF

      115 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 1,260 SF
      115 3rd St, Madison, KS 66860-9547
      View Details
    • Value Estimation by Request
      3,430 SF

      223 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,430 SF
      223 Main St, Madison, KS 66860-9569
      View Details
    • Value Estimation by Request
      2,256 SF

      124 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,256 SF
      124 Main St, Madison, KS 66860-9553
      View Details
    • Value Estimation by Request
      4,300 SF

      222 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,300 SF
      222 Main St, Madison, KS 66860
      View Details

    Similar Nearby for Sale

    • $1,021,920
      7,489 SF

      Madison, KS Retail Opportunity

      Retail property available for sale in Madison, Kansas.
      511 Mccurry St, Madison, KS 66860
      View Details
    • $585,000
      30.00 Acres

      Madison, KS Farm/Estate with Shop

      Well-maintained 30-acre property with large home and nearly new shop.
      1469 Road 30, Madison, KS 66860
      View Details
    • $585,000
      30 SF

      Well-Maintained Country Property with Shop

      30-acre property with large home, shop, and secondary living quarters.
      1469 Madison St, Madison, KS 66860
      View Details
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    120 3rd St
    Madison, KS 66860-9549
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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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