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    Property profile & analytics

    2401 31st St Lawrence, KS 66047-3176

    • Drive through restaurants
    • 1,451 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Location Intelligence
    Property ID
    US33-0842151
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 2401 31st St

    Year built
    2001
    Construction
    FRAME
    Lot size
    1.04 lot acres
    Property size
    1,451 SF
    Property type
    Drive through restaurants
    APN
    116-14-0-10-02-005.00-0
    APU
    1161401002005000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2649
    Latitude
    38.9276
    CBSA code
    29940
    CBSA name
    LAWRENCE, KS METROPOLITAN STATISTICAL AREA

    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
    $25,658
    $99,900
    $95,775
    $195,675
    -
    $399,600
    $383,100
    $782,700

    Comparable in this City

    • Value Estimation by Request
      2,859 SF

      2351 31st St

      RESTAURANT • 2,859 SF
      2351 31st St, Lawrence, KS 66047-3174
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    • Value Estimation by Request
      5,962 SF

      3512 Clinton Pkwy

      RESTAURANT • 5,962 SF
      3512 Clinton Pkwy, Lawrence, KS 66047-2145
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    • Value Estimation by Request
      4,691 SF

      2161 Quail Crk Dr

      RESTAURANT • 4,691 SF
      2161 Quail Crk Dr, Lawrence, KS 66047-2142
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    • Value Estimation by Request
      2,202 SF

      598 1190th Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,202 SF
      598 1190th Rd, Lawrence, KS 66047-9444
      View Details
    • Value Estimation by Request
      2,100 SF

      2221 31st St

      FINANCIAL BUILDING • 2,100 SF
      2221 31st St, Lawrence, KS 66047-3171
      View Details
    • Value Estimation by Request
      8,503 SF

      2100 25th St

      CONVENIENCE STORE • 8,503 SF
      2100 25th St, Lawrence, KS 66047-2951
      View Details

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      Lawrence Creative Office Space

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      29.00 Acres

      29 Acres Lawrence, KS Land

      Prime Kansas Land: Residential & Agricultural Potential
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      Prime Lawrence Office Space

      Spacious Two-Story Office Building, High Potential
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    Similar Nearby for Lease

    • $1,850 /Mo
      1,600 SF

      Retail Space Near University of Kansas

      Retail space with open floor plan and ample parking.
      1520 Wakarusa Dr, Lawrence, KS 66047
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    • Contact for pricing
      5,900 SF

      Stone Hawk Square Retail Spaces

      Lawrence, KS retail spaces available.
      4300 24Th Pl, Lawrence, KS 66047
      View Details
    • $9 SF/Yr
      50,116 SF

      Prime Lawrence Retail Space

      High-traffic retail space, flexible layouts.
      24th Iowa St, Lawrence, KS 66047
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    • $12 SF/Yr
      6,960 SF

      Retail Space in HyVee Anchored Center

      Retail spaces available in premier West Lawrence location.
      3514 Clinton Pkwy, Lawrence, KS 66047
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    • $22 SF/Yr
      5,576 SF

      Prime Lawrence Office Space

      5,576 sq ft Freestanding Office Building
      3500 Clinton Parkway Ct, Lawrence, KS 66047
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    • $3,600 /Mo
      3,600 SF

      Lawrence Flex Space For Lease

      3,600 SF flex space available for lease.
      4910 Wakarusa Ct, Lawrence, KS 66047
      View Details

    Property Visit Statistics

    • Visits by month
      33.2k
    • Visitors by month
      19.7k
    • Avg Time on site
      11 min
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    2401 31st St
    Lawrence, KS 66047-3176
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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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