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    Property profile & analytics

    2511 31st St Lawrence, KS 66047-3040

    • Garden apartment buildings
    • 98,496 SF
    • 16.48 lot acres
    OFF-MARKET
    Value Estimation
    $1,245,000
    Location Intelligence
    Property ID
    US33-0891334
    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

    • Alsonad Enterprise / Office Supply Wholesaler
    • Tek360 - Digital Marketing Agency / Marketing Agency / Animation Studio
    • Reserve on West 31st / Apartment Rental Agency / Apartment Complex

    Property Details for 2511 31st St

    Year built
    1999
    Lot size
    16.48 lot acres
    Property size
    98,496 SF
    Property type
    Garden apartment buildings
    APN
    116-14-0-10-05-003.00-0
    APU
    1161401005003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,400,000
      6.5%
      $1,470,000
      7%
      $1,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,545,000
      Geo Method
      $1,420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,335,000
      Retail
      $1,695,000
      Mixed-Use
      $1,435,000
      Hospitality
      $1,295,000
      Educational
      $1,665,000
      Residential Income
      $1,345,000
      Energy
      $1,720,000
      Income-Based Land
      $1,525,000
      Food Service
      $1,405,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2665
    Latitude
    38.926
    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
    $263,291
    $228,546
    $1,780,117
    $2,008,663
    -
    $1,987,360
    $15,479,280
    $17,466,640

    Comparable in this City

    • Value Estimation by Request
      13,632 SF

      3113 22nd Std

      GARDEN APT, COURT APT (5+ UNITS) • 13,632 SF
      3113 22nd Std, Lawrence, KS 66047-3609
      View Details
    • Value Estimation
      $945,000
      34,560 SF

      3700 Clinton Pkwy, Unit 1

      GARDEN APT, COURT APT (5+ UNITS) • 34,560 SF
      3700 Clinton Pkwy, Lawrence, KS 66047-2199
      View Details
    • Value Estimation
      $885,000
      9,472 SF

      3801 Clinton Pkwya

      GARDEN APT, COURT APT (5+ UNITS) • 9,472 SF
      3801 Clinton Pkwya, Lawrence, KS 66047-3507
      View Details
    • Value Estimation by Request
      54,528 SF

      3100 22nd St

      GARDEN APT, COURT APT (5+ UNITS) • 54,528 SF
      3100 22nd St, Lawrence, KS 66047-3608
      View Details
    • Value Estimation
      $610,000
      10,638 SF

      2410 Crestline Dr, Unit 19

      GARDEN APT, COURT APT (5+ UNITS) • 10,638 SF
      2410 Crestline Dr, Lawrence, KS 66047-2825
      View Details
    • Value Estimation by Request
      77,520 SF

      2424 Melrose Ln

      GARDEN APT, COURT APT (5+ UNITS) • 77,520 SF
      2424 Melrose Ln, Lawrence, KS 66047-2961
      View Details

    Similar Nearby for Sale

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      Prime Kansas Land: Residential & Agricultural Potential
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    Similar Nearby for Lease

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    • Contact for pricing
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      Prime Lawrence Office Space

      Class A Office Suites Available
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      Retail space with open floor plan and ample parking.
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      View Details
    • Contact for pricing
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      View Details
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    Lawrence, KS 66047-3040
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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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