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    Property profile & analytics

    450 Lk Ave Colby, KS 67701-2436

    • Auto shops
    • 2,547 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Location Intelligence
    Property ID
    US33-1372386
    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

    • Auto shops

    Property Details for 450 Lk Ave

    Year built
    1930
    Lot size
    0.09 lot acres
    Property size
    2,547 SF
    Property type
    Auto shops
    APN
    109-31-0-40-27-010.00-0
    APU
    1093104027010000

    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
    39.3974

    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
    $1,992
    $3,338
    $8,598
    $11,936
    -
    $13,350
    $34,390
    $47,740

    Comparable in this City

    • Value Estimation
      $425,000
      3,300 SF

      565 5th St

      AUTO REPAIR, GARAGE • 3,300 SF
      565 5th St, Colby, KS 67701-2506
      View Details
    • Value Estimation by Request
      2,850 SF

      400 Horton Ave

      AUTO REPAIR, GARAGE • 2,850 SF
      400 Horton Ave, Colby, KS 67701-3703
      View Details
    • Value Estimation by Request
      2,692 SF

      325 Chickamauga Ave

      AUTO REPAIR, GARAGE • 2,692 SF
      325 Chickamauga Ave, Colby, KS 67701-2214
      View Details
    • Value Estimation
      $210,000
      3,360 SF

      1075 4th St

      AUTO REPAIR, GARAGE • 3,360 SF
      1075 4th St, Colby, KS 67701-2803
      View Details
    • Value Estimation
      $355,000
      2,408 SF

      1160 4th St

      AUTO REPAIR, GARAGE • 2,408 SF
      1160 4th St, Colby, KS 67701-1736
      View Details
    • Value Estimation by Request
      5,856 SF

      Hwy 83

      AUTO REPAIR, GARAGE • 5,856 SF
      Hwy 83, Colby, KS 67701
      View Details
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    450 Lk Ave
    Colby, KS 67701-2436
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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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