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    Property profile & analytics

    1401 1st St Pratt, KS 67124-2067

    • Motels
    • 6,139 SF
    • 2.99 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-1419130
    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

    • Economy Inn Pratt / Hotel / Motel

    Property Details for 1401 1st St

    Year built
    1948
    Lot size
    2.99 lot acres
    Property size
    6,139 SF
    Property type
    Motels
    APN
    132-03-0-10-01-003.00-0
    APU
    1320301001003000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pratt
    County
    Pratt
    State
    Kansas
    Longitude
    -98.7228
    Latitude
    37.645

    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
    $11,083
    $19,636
    $33,156
    $52,792
    -
    $82,020
    $144,700
    $226,720

    Comparable in this City

    • Value Estimation by Request
      12,774 SF

      1631 1st St

      MOTEL • 12,774 SF
      1631 1st St, Pratt, KS 67124-2071
      View Details
    • Value Estimation by Request
      31,345 SF

      1401 Us Hwy 54

      MOTEL • 31,345 SF
      1401 Us Hwy 54, Pratt, KS 67124-9133
      View Details
    • Value Estimation by Request
      6,114 SF

      20001 Us Hwy 54

      MOTEL • 6,114 SF
      20001 Us Hwy 54, Pratt, KS 67124-8202
      View Details
    • Value Estimation by Request
      5,180 SF

      1336 1st St

      MOTEL • 5,180 SF
      1336 1st St, Pratt, KS 67124-2064
      View Details
    • Value Estimation
      $925,000
      44,727 SF

      112 State Rd 61

      MOTEL • 44,727 SF
      112 State Rd 61, Pratt, KS 67124-8467
      View Details
    • Value Estimation by Request
      19,008 SF

      1906 1st St

      MOTEL • 19,008 SF
      1906 1st St, Pratt, KS 67124-9763
      View Details

    Similar Nearby for Sale

    • $705,000
      2,024 SF

      Prime Pratt Car Wash Business

      Profitable Car Wash, Excellent Location
      623 1St St, Pratt, KS 67124
      View Details
    • $275,000
      2,627 SF

      Gateway Truckwash: Pratt, KS

      Profitable Truck Wash Business
      18 Clarkson Rd, Pratt, KS 67124
      View Details
    • $625,200
      156.30 Acres

      Scenic Timber and Grassland Acreage

      156.3 acres of timber and grassland in Harper County, Kansas.
      1316-1396 NW 40 Ave, Harper, KS 67124
      View Details
    • $750,000
      9,800 SF

      Retail Property in Pratt, Kansas

      9,800 SF retail property available for sale.
      2010-2020 E 1St St, Pratt, KS 67124
      View Details
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    1401 1st St
    Pratt, KS 67124-2067
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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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