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    Property profile & analytics

    1238 Independence Ave, Unit BEL Beloit, KS 67420-2155

    • Retail space
    • 10,488 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US33-0103445
    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

    • Retail space

    Property Details for 1238 Independence Ave

    Year built
    2021
    Lot size
    0.74 lot acres
    Property size
    10,488 SF
    Property type
    Retail space
    APN
    092-04-0-30-02-003.02-0
    APU
    920403002003020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $405,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $380,000
      Mixed-Use
      $300,000
      Hospitality
      $385,000
      Educational
      $300,000
      Residential Income
      $295,000
      Energy
      $350,000
      Income-Based Land
      $350,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Beloit
    County
    Mitchell
    State
    Kansas
    Longitude
    -98.116
    Latitude
    39.4706

    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
    2021
    $0.00
    $4,890
    $189,495
    $194,385
    -
    $19,560
    $757,980
    $777,540

    Comparable in this City

    • Value Estimation by Request
      3,852 SF

      111 Ct St

      RETAIL STORES (PERSONAL SERVICES) • 3,852 SF
      111 Ct St, Beloit, KS 67420-3228
      View Details
    • Value Estimation by Request
      1,728 SF

      301 Hersey Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,728 SF
      301 Hersey Ave, Beloit, KS 67420-3544
      View Details
    • Value Estimation by Request
      8,548 SF

      102 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 8,548 SF
      102 Ml St, Beloit, KS 67420-3237
      View Details
    • Value Estimation by Request
      4,160 SF

      214 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 4,160 SF
      214 Ml St, Beloit, KS 67420-3239
      View Details
    • Value Estimation by Request
      352 SF

      213 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 352 SF
      213 Ml St, Beloit, KS 67420-2345
      View Details
    • Value Estimation by Request
      9,256 SF

      103 Ml St

      RETAIL STORES (PERSONAL SERVICES) • 9,256 SF
      103 Ml St, Beloit, KS 67420-2343
      View Details

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    1238 Independence Ave, Unit BEL
    Beloit, KS 67420-2155
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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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