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    Property profile & analytics

    421 Locust St Nortonville, KS 66060

    • Commercial real estate
    • 1.21 lot acres
    For Sale
    View listing
    $90,000
    Value Estimation
    Location Intelligence
    Property ID
    US33-0630657
    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

    • Commercial real estate

    Property Details for 421 Locust St

    Year built
    1937
    Lot size
    1.21 lot acres
    Property type
    Commercial real estate

    Description

    Investor alert! This unique 1.21-acre property at 421 Locust Street in Nortonville, Kansas, presents a wealth of redevelopment opportunities. Built in 1937, this three-story building previously served as a school and is currently configured as a single-family residence. The property boasts a substantial 72' x 31' workshop, featuring a garage with an 11' x 12' door, ideal for various uses. An impressive auditorium with a basketball court adds to the property's versatility. While the first floor has been remodeled to include a kitchen, living room, three bedrooms, an office, and a bathroom, the second and third floors require renovation, and the roof needs replacement. Currently zoned commercial with a residential override, this property offers endless possibilities for adaptive reuse. Potential uses include a community center, boys and girls club, apartments, storage facility, daycare, student housing, or other commercial ventures. The property is situated within a residential community in Jefferson County, Kansas, zip code 66060. Taxes and square footage are estimated. The asking price is $160,000. The seller is motivated.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nortonville
    County
    Jefferson, KS
    State
    Kansas
    Longitude
    -95.3336826
    Latitude
    39.4160213
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    421 Locust St
    Nortonville, KS 66060
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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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