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    Property profile & analytics

    23 Locust St Aurora, MO 65605-1414

    • Office buildings
    • 13,400 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US48-2891112
    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

    • Office buildings

    Property Details for 23 Locust St

    Year built
    1960
    Lot size
    0.31 lot acres
    Property size
    13,400 SF
    Property type
    Office buildings
    APN
    191012004009009000
    APU
    191012004009009000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $370,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $410,000
      Mixed-Use
      $375,000
      Hospitality
      $295,000
      Educational
      $305,000
      Residential Income
      $310,000
      Energy
      $320,000
      Income-Based Land
      $410,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Aurora
    County
    Lawrence
    State
    Missouri
    Longitude
    -93.722
    Latitude
    36.9745

    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
    $2,263
    $6,210
    $34,820
    $41,030
    -
    $0.00
    $0.00
    $128,219

    Comparable in this City

    • Value Estimation by Request
      2,000 SF

      Madison

      OFFICE BUILDING • 2,000 SF
      Madison, Aurora, MO 65605
      View Details
    • Value Estimation by Request
      4,960 SF

      32 Olive St

      OFFICE BUILDING • 4,960 SF
      32 Olive St, Aurora, MO 65605-1431
      View Details
    • Value Estimation by Request
      1,981 SF

      308 Church St

      OFFICE BUILDING • 1,981 SF
      308 Church St, Aurora, MO 65605-1518
      View Details
    • Value Estimation by Request
      1,232 SF

      320 Church St

      OFFICE BUILDING • 1,232 SF
      320 Church St, Aurora, MO 65605-2238
      View Details
    • Value Estimation by Request
      864 SF

      316 Church St

      OFFICE BUILDING • 864 SF
      316 Church St, Aurora, MO 65605-2238
      View Details
    • Value Estimation
      $300,000
      900 SF

      201 Tanner Dr

      OFFICE BUILDING • 900 SF
      201 Tanner Dr, Aurora, MO 65605-2165
      View Details

    Similar Nearby for Sale

    • $192,000
      5,040 SF

      Aurora Office Building with Potential

      Large office building with living quarters and business potential.
      112 N Madison Ave, Aurora, MO 65605
      View Details
    • New
      $144,900
      Pending

      Spacious Office Complex in Aurora

      Versatile office complex suitable for home or business use.
      308 W Church St, Aurora, MO 65605
      View Details
    • $149,900
      3,337 SF

      Mixed-Use Building with Apartment

      Mixed-use property featuring commercial space and a residential apartment.
      17 W Locust St, Aurora, MO 65605
      View Details
    • $350,000
      Pending

      40 Acres Near Highway 60

      40 acres of pastureland located minutes from town.
      000 A, Aurora, MO 65605
      View Details
    • Contact for pricing
      13 SF

      Commercial Lots at High-Traffic Intersection

      Commercial lots available at the intersection of U.S. Route 60.
      39 U.S Rte 60 & Missouri Rte, Aurora, MO 65605
      View Details
    • New
      $202,500
      Pending

      15 Acre Parcel with Pond

      15 acres with pond, loafing sheds, and highway access.
      21780 Highway Zz, Aurora, MO 65605
      View Details
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    Aurora, MO 65605-1414
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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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