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    Property profile & analytics

    312 Madison Ave Iola, KS 66749-3228

    • Drive through restaurants
    • 3,985 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US33-0314768
    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 / Breakfast Restaurant

    Property Details for 312 Madison Ave

    Year built
    1983
    Lot size
    0.51 lot acres
    Property size
    3,985 SF
    Property type
    Drive through restaurants
    APN
    077-35-0-20-07-004.00-0
    APU
    773502007004000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Iola
    County
    Allen
    State
    Kansas
    Longitude
    -95.4085
    Latitude
    37.9217

    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
    $19,083
    $2,463
    $90,288
    $92,751
    -
    $9,850
    $361,150
    $371,000

    Comparable in this City

    • Value Estimation by Request
      1,939 SF

      1421 Ee St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,939 SF
      1421 Ee St, Iola, KS 66749-3003
      View Details
    • Value Estimation by Request
      704 SF

      321 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 704 SF
      321 State St, Iola, KS 66749-3149
      View Details
    • Value Estimation by Request
      1,357 SF

      301 Madison Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,357 SF
      301 Madison Ave, Iola, KS 66749-3227
      View Details
    • Value Estimation by Request
      3,603 SF

      902 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,603 SF
      902 State St, Iola, KS 66749-2272
      View Details
    • Value Estimation by Request
      6,450 SF

      110 State St

      RESTAURANT • 6,450 SF
      110 State St, Iola, KS 66749-2818
      View Details
    • Value Estimation
      $345,000
      2,024 SF

      1401 Ee St

      RESTAURANT • 2,024 SF
      1401 Ee St, Iola, KS 66749-3003
      View Details

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    312 Madison Ave
    Iola, KS 66749-3228
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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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