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    Property profile & analytics

    295 Franklin Ave Colby, KS 67701-2321

    • Office buildings
    • 2,697 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US33-1140076
    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

    • BankWest of Kansas / Bank / Atm
    • ATM / Atm

    Property Details for 295 Franklin Ave

    Year built
    1960
    Construction
    FRAME
    Lot size
    0.55 lot acres
    Property size
    2,697 SF
    Property type
    Office buildings
    APN
    109-31-0-40-29-002.00-0
    APU
    1093104029002000

    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
    -101.045
    Latitude
    39.3957

    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
    $5,354
    $4,338
    $27,748
    $32,086
    -
    $17,350
    $110,990
    $128,340

    Comparable in this City

    • Value Estimation
      $210,000
      2,400 SF

      1650 4th St

      OFFICE BUILDING (MULTI-STORY) • 2,400 SF
      1650 4th St, Colby, KS 67701-1545
      View Details
    • Value Estimation by Request
      476 SF

      8th St

      OFFICE BUILDING (MULTI-STORY) • 476 SF
      8th St, Colby, KS 67701
      View Details
    • Value Estimation
      $350,000
      1,250 SF

      195 Franklin Ave

      OFFICE BUILDING (MULTI-STORY) • 1,250 SF
      195 Franklin Ave, Colby, KS 67701-2319
      View Details
    • Value Estimation by Request
      11,872 SF

      1135 Country Clb Dr

      OFFICE BUILDING (MULTI-STORY) • 11,872 SF
      1135 Country Clb Dr, Colby, KS 67701-3666
      View Details
    • Value Estimation
      $355,000
      2,400 SF

      190 6th St

      OFFICE BUILDING (MULTI-STORY) • 2,400 SF
      190 6th St, Colby, KS 67701-2315
      View Details
    • Value Estimation
      $395,000
      2,750 SF

      180 6th St

      OFFICE BUILDING (MULTI-STORY) • 2,750 SF
      180 6th St, Colby, KS 67701-2315
      View Details
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    295 Franklin Ave
    Colby, KS 67701-2321
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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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