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    Property profile & analytics

    1242 Commercial Dr Marion, KS 66861-1183

    • Warehouses
    • 2,000 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-1554910
    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

    • Warehouses

    Property Details for 1242 Commercial Dr

    Year built
    2009
    Construction
    FRAME
    Lot size
    1.03 lot acres
    Property size
    2,000 SF
    Property type
    Warehouses
    APN
    119-29-0-40-01-013.21-0
    APU
    1192904001013210

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Kansas
    Longitude
    -97.0056
    Latitude
    38.3636

    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $9,080
    $240,000
    $249,080

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      119 Santa Fe St

      WAREHOUSE, STORAGE • 0.23 Acres
      119 Santa Fe St, Marion, KS 66861
      View Details
    • Value Estimation by Request
      2,400 SF

      1105 Industrial

      WAREHOUSE, STORAGE • 2,400 SF
      1105 Industrial, Marion, KS 66861-1184
      View Details
    • Value Estimation by Request
      5,000 SF

      101 Thorp St

      WAREHOUSE, STORAGE • 5,000 SF
      101 Thorp St, Marion, KS 66861-1125
      View Details
    • Value Estimation by Request
      4,080 SF

      1885 Upland

      WAREHOUSE, STORAGE • 4,080 SF
      1885 Upland, Marion, KS 66861-9202
      View Details
    • Value Estimation
      $400,000
      6,000 SF

      1798 Upland

      MINI-WAREHOUSE, STORAGE • 6,000 SF
      1798 Upland, Marion, KS 66861
      View Details
    • Value Estimation by Request
      3,528 SF

      Marion, KS 66861

      WAREHOUSE, STORAGE • 3,528 SF
      Marion, KS 66861
      View Details
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    1242 Commercial Dr
    Marion, KS 66861-1183
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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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