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    Property profile & analytics

    1950 Range Ave Colby, KS 67701-4020

    • Motels
    • 48,152 SF
    • 4.70 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-1270050
    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

    • TNT Fireworks / Store / Fireworks Store
    • Colby Inn And Suites / Hotel

    Property Details for 1950 Range Ave

    Year built
    1969
    Lot size
    4.70 lot acres
    Property size
    48,152 SF
    Property type
    Motels
    APN
    161-12-0-40-06-015.00-0
    APU
    1611204006015000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Colby
    County
    Thomas
    State
    Kansas
    Longitude
    -101.056
    Latitude
    39.3691

    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
    $28,070
    $23,988
    $144,248
    $168,236
    -
    $95,950
    $576,990
    $672,940

    Comparable in this City

    • Value Estimation by Request
      2.30 Acres

      Willow Ave

      HOTEL/MOTEL • 2.30 Acres
      Willow Ave, Colby, KS 67701
      View Details
    • Value Estimation by Request
      11,013 SF

      1745 4th St

      MOTEL • 11,013 SF
      1745 4th St, Colby, KS 67701-1546
      View Details
    • Value Estimation
      $430,000
      5,966 SF

      360 4th St

      MOTEL • 5,966 SF
      360 4th St, Colby, KS 67701-2143
      View Details
    • Value Estimation by Request
      2,425 SF

      460 Country Clb Dr

      MOTEL • 2,425 SF
      460 Country Clb Dr, Colby, KS 67701-2628
      View Details
    • Value Estimation
      $395,000
      8,115 SF

      499 Hwy 83

      MOTEL • 8,115 SF
      499 Hwy 83, Colby, KS 67701
      View Details
    • Value Estimation
      $330,000
      1,190 SF

      550 5th St

      MOTEL • 1,190 SF
      550 5th St, Colby, KS 67701-2503
      View Details
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    1950 Range Ave
    Colby, KS 67701-4020
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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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