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    Property profile & analytics

    301 16th St Parsons, KS 67357-3228

    • Drive through restaurants
    • 3,430 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-0217719
    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

    • McDonald's / Fast Food Restaurant / Hamburger Restaurant
    • Taco Bell / Fast Food Restaurant / Burrito Restaurant

    Property Details for 301 16th St

    Year built
    2005
    Construction
    FRAME
    Lot size
    0.86 lot acres
    Property size
    3,430 SF
    Property type
    Drive through restaurants
    APN
    024-18-0-30-24-005.00-0
    APU
    241803024005000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parsons
    County
    Labette
    State
    Kansas
    Longitude
    -95.2587
    Latitude
    37.3428
    CBSA code
    37660
    CBSA name
    PARSONS, KS MICROPOLITAN 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
    $24,469
    $6,680
    $109,513
    $116,193
    -
    $26,720
    $438,050
    $464,770

    Comparable in this City

    • Value Estimation by Request
      2,757 SF

      3400 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,757 SF
      3400 Main St, Parsons, KS 67357-3635
      View Details
    • Value Estimation by Request
      1,276 SF

      3113 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,276 SF
      3113 Main St, Parsons, KS 67357-2649
      View Details
    • Value Estimation by Request
      0.17 Acres

      1509 Crawford Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.17 Acres
      1509 Crawford Ave, Parsons, KS 67357-3242
      View Details
    • Value Estimation by Request
      1,188 SF

      1506 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,188 SF
      1506 Main St, Parsons, KS 67357-3333
      View Details
    • Value Estimation
      $320,000
      1,606 SF

      2930 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,606 SF
      2930 Main St, Parsons, KS 67357-2646
      View Details
    • Value Estimation by Request
      2,324 SF

      217 16th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,324 SF
      217 16th St, Parsons, KS 67357-3227
      View Details

    Similar Nearby for Sale

    • $50,000
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      Prime Parsons Commercial Land

      5.58 Acres, C-3 Zoned, $50,000
      /A, Parsons, KS 67357
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    • $35,000
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      Parsons, KS Agricultural Land

      3.8 Acres, Prime Development Opportunity
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    • Contact for pricing
      0.17 Acres

      Parsons, KS Residential Land Parcel

      Vacant Lot - City Utilities Available
      2319 Crawford Ave, Parsons, KS 67357
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    • $50,000
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      Prime Parsons Commercial Land

      5.5 Acres, C-3 Zoning, $50,000
      /A, Parsons, KS 67357
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    • $46,000

      Parsons, KS Residential Land Plot

      Build Your Dream Home on 40,765 sq ft lot.
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    • $125,000
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      Prime Parsons Commercial Land

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    Property Visit Statistics

    • Visits by month
      11.7k
    • Visitors by month
      7.1k
    • Avg Time on site
      14 min
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    Parsons, KS 67357-3228
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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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